LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 7, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2672 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts. ), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code and requires automatic renewal provisions in contracts to be conspicuously disclosed to the consumer at the time the contract is entered. The Office of the Attorney General indicates that any additional work resulting from the enactment of the bill could be reasonably absorbed with current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General LBB Staff: JOB, JRO, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 7, 2009
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2672 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts. ), Committee Report 1st House, Substituted
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2672 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts. ), Committee Report 1st House, Substituted
Honorable Joe Deshotel, Chair, House Committee on Business & Industry
Honorable Joe Deshotel, Chair, House Committee on Business & Industry
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2672 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts. ), Committee Report 1st House, Substituted
HB2672 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts. ), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Business and Commerce Code and requires automatic renewal provisions in contracts to be conspicuously disclosed to the consumer at the time the contract is entered. The Office of the Attorney General indicates that any additional work resulting from the enactment of the bill could be reasonably absorbed with current resources.
The bill would amend the Business and Commerce Code and requires automatic renewal provisions in contracts to be conspicuously disclosed to the consumer at the time the contract is entered. The Office of the Attorney General indicates that any additional work resulting from the enactment of the bill could be reasonably absorbed with current resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General
302 Office of the Attorney General
LBB Staff: JOB, JRO, JM
JOB, JRO, JM