LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 6, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB345 by Elkins (Relating to a business's duty to protect sensitive personal information contained in its customer records.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code relating to the protection of personal information in customer records by businesses that use access devices. Based on information provided by the Department of Banking, Office of Consumer Credit, Department of Savings and Mortgage Lending, Credit Union Department, and Office of Court Administration it is assumed that costs associated with implementing the provisions of the bill could be absorbed within existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council, 450 Department of Savings and Mortgage Lending, 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department LBB Staff: JOB, JRO, MW, ACa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 6, 2009
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB345 by Elkins (Relating to a business's duty to protect sensitive personal information contained in its customer records.), As Introduced
TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB345 by Elkins (Relating to a business's duty to protect sensitive personal information contained in its customer records.), As Introduced
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
HB345 by Elkins (Relating to a business's duty to protect sensitive personal information contained in its customer records.), As Introduced
HB345 by Elkins (Relating to a business's duty to protect sensitive personal information contained in its customer records.), As Introduced
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 relating to the protection of personal information in customer records by businesses that use access devices. Based on information provided by the Department of Banking, Office of Consumer Credit, Department of Savings and Mortgage Lending, Credit Union Department, and Office of Court Administration it is assumed that costs associated with implementing the provisions of the bill could be absorbed within existing resources.
The bill would amend the Business and Commerce Code relating to the protection of personal information in customer records by businesses that use access devices.
Based on information provided by the Department of Banking, Office of Consumer Credit, Department of Savings and Mortgage Lending, Credit Union Department, and Office of Court Administration it is assumed that costs associated with implementing the provisions of the bill could be absorbed within existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 212 Office of Court Administration, Texas Judicial Council, 450 Department of Savings and Mortgage Lending, 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department
212 Office of Court Administration, Texas Judicial Council, 450 Department of Savings and Mortgage Lending, 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department
LBB Staff: JOB, JRO, MW, ACa
JOB, JRO, MW, ACa