Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB1403 by Averitt (Relating to changing the Texas Health Insurance Risk Pool to the Texas Health Insurance Pool, and to the operation of that pool.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to change the name of the Texas Health Insurance Risk Pool to the Texas Health Insurance Pool and amend the organization's operations. To implement the provisions of the bill, the Texas Department of Insurance (TDI) would need to change its website and publications relating to the name change. TDI indicates that the agency could absorb any costs associated with the implementation of the bill.
Local Government Impact
No fiscal implication to units of local government is anticipated.