LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 8, 2013

TO:	Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB1358 by Hunter (Relating to procedures for certain audits of pharmacists and pharmacies.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to procedures for certain audits of pharmacists and pharmacies.  Based on information provided by the Board of Pharmacy, no fiscal implication to the state is anticipated.

Based on information provided by the Texas Department of Insurance, certain revisions to external and internal checklists and updates to the prompt pay information system on the agency website may be required; however, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance, 515 Board of Pharmacy

LBB Staff:

UP, AG, ER