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F I S C A L I M P A C T R E P O R T

SPONSOR:	Vigil		DATE TYPED:	01/30/02		HB	175
SHORT TITLE:		Tobacco Settlement to Retiree Health Care				SB
					ANALYST:		Carrillo

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY02	FY03	FY02	FY03
	5,000.0			Recurring	Tobacco Settlement Program Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

Duplicates/Relates to Appropriation in The General Appropriation Act

REVENUE

Estimated Revenue		Subsequent Years Impact	Recurring or Non-Rec	Fund Affected
FY02	FY03
	(5,000.0)	(5000.0)	Recurring	Tobacco Settlement Program Fund

(Parenthesis ( ) Indicate Revenue Decreases)

Duplicates/Conflicts with/Companion to/Relates to HB 8, HB 181, HB 209, SB 6, SB 101, SB 237

SOURCES OF INFORMATION

Retiree Health Care Authority

SUMMARY

Retiree Health Care Authority

Synopsis of Bill

House Bill 175, Tobacco Settlement to Retiree Health Care, appropriates $5,000.0 from the Tobacco Settlement Program Fund to the Retiree Health Care Authority for the purpose of carrying out the provisions of the Retiree Health Care Act.

Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to any other fund.

Significant Issues

According to the Retiree Health Care Authority (RHCA) staff the program has made significant tobacco-related insurance benefit payments, estimated at $5 million for Fiscal Year 2002. The appropriation would have a positive effect on the retiree health care program’s long-term solvency and/or mitigation of annual member premium increases.

FISCAL IMPLICATIONS

The appropriation of $5,000.0 contained in this bill is a recurring expense to the Tobacco Settlement Program Fund. Any unexpended or unencumbered balance remaining at the end of any fiscal year shall not revert to any other fund.

RELATIONSHIP

HB 175 is related to:

HB 8, Tobacco Settlement Fund Distribution

HB 181, Tobacco Settlement Program fund Distributions

HB 209, Youth Smoking Cessation & Prevention Program

SB 6, Tobacco Settlement Fund Distribution

SB 101, Tobacco Settlement Program Fund Distributions

SB 237, Youth Smoking Cessation & Prevention Program

WJC/prr