LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

March 10, 2019

TO:	Honorable Jim Murphy, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB392 by Blanco (Relating to long-term care insurance for state employees.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to long-term care insurance for state employees.

The Employees Retirement System and Department of Insurance assume any additional work associated with implementing the provisions of the bill could be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

327 Employees Retirement System, 454 Department of Insurance

LBB Staff:

WP, CMa, NV, KFB, CP, ASa