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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 23, 2023
TO:
Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3886 by Vo (relating to the eligibility of participants in the state employees group benefits program for certain federal benefits.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code to require the Employees Retirement System (ERS) to establish a program to continuously review the eligibility of certain members for certain coverage under the Group Benefits Program (GBP). It would also establish that basic coverage under the GBP is secondary to Medicare hospital and medical insurance for certain participants who are entitled to receive Medicare hospital insurance benefits without cost. This analysis assumes any costs associating with implementing the provisions of the bill can be absorbed using existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.