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:	HB3270 by Smithee (Relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to preferred provider and exclusive provider network regulations; providing administrative sanctions and penalties. The bill would apply to an insurance policy that is delivered, issued for delivery, or renewed on or after January 1, 2014, and take effect September 1, 2013.

Based on information provided by the Texas Department of Insurance, Teacher Retirement System, University of Texas System and Texas A&M University System, it is assumed that any costs associated with the implementation of this bill would be absorbed within existing staff and resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

323 Teacher Retirement System, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration

LBB Staff:

UP, AG, ER, LXH, JW