Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1753 by Oliverson (Relating to certain required reports under the Texas workers' compensation system.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to certain required reports under the Texas workers' compensation system. Based on information provided by the Texas Department of Insurance, this analysis assumes nominal cost savings that would be reflected in the annual adjustment of maintenance tax rates for insurance carriers.
Local Government Impact
No fiscal implication to units of local government is anticipated.