LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1701 by Fraser (Relating to the franchise arrangements excluded from the Business Opportunity Act.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code to include the appropriate reference to the definition of franchise in the Code of Federal Regulations. The bill would be effective on September 1, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:307 Secretary of State LBB Staff: JOB, JRO, BTA LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1701 by Fraser (Relating to the franchise arrangements excluded from the Business Opportunity Act.), As Introduced TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB1701 by Fraser (Relating to the franchise arrangements excluded from the Business Opportunity Act.), As Introduced Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB1701 by Fraser (Relating to the franchise arrangements excluded from the Business Opportunity Act.), As Introduced SB1701 by Fraser (Relating to the franchise arrangements excluded from the Business Opportunity Act.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code to include the appropriate reference to the definition of franchise in the Code of Federal Regulations. The bill would be effective on September 1, 2009. The bill would amend the Business and Commerce Code to include the appropriate reference to the definition of franchise in the Code of Federal Regulations. The bill would be effective on September 1, 2009. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 307 Secretary of State 307 Secretary of State LBB Staff: JOB, JRO, BTA JOB, JRO, BTA