Supplement: TX HB4859 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)

For additional supplements on Texas HB4859 please see the Bill Drafting List
Bill Title: Relating to discontinuing group self-insurance coverage and dissolving the Texas self-insurance group guaranty fund and trust fund under the Texas Workers' Compensation Act.

Status: 2023-04-17 - Left pending in committee [HB4859 Detail]

Download: Texas-2023-HB4859-Fiscal_Note_Introduced_.html
LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
April 13, 2023

TO:
Honorable Oscar Longoria, Chair, House Committee on Business & Industry
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB4859 by Shine (Relating to discontinuing group self-insurance coverage and dissolving the Texas self-insurance group guaranty fund and trust fund under the Texas Workers' Compensation Act.), As Introduced

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Department of Insurance, any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
454 Department of Insurance
LBB Staff:
JMc, SZ, LBl
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