LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION

April 24, 2017

TO:	Honorable Larry Phillips, Chair, House Committee on Insurance
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB2620 by Muñoz, Jr. (Relating to the award of damages in a private action involving health benefits for certain prohibited acts or practices by an insurer.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to the award of damages in a private action involving health benefits for certain prohibited acts or practices by an insurer. Based on information provided by the Texas Department of Insurance, Texas A&M University System Administration, and Office of Court Administration, this analysis assumes that the 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:

212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance, 710 Texas A&M University System Administrative and General Offices

LBB Staff:

UP, AG, CP