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:	HB2566 by Carter (Relating to electronic payment of premiums to the Texas Health Insurance Pool.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to electronic payment of premiums to the Texas Health Insurance pool.  The bill would direct the Health Insurance Pool to establish a process for the electronic payment of premiums for health benefit coverage provided by the pool.

Based on information provided by the Texas Department of Insurance, this analysis assumes 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

LBB Staff:

UP, AG, ER