LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1702 by Fraser ( Relating to the regulation of health spas.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would make changes to the duration and cancellation of securities, the method of filing security claims, the process for filing claims for refunds, and notice requirements before health spa closings. Local Government Impact No significant 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 8, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1702 by Fraser ( Relating to the regulation of health spas.), Committee Report 1st House, Substituted TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB1702 by Fraser ( Relating to the regulation of health spas.), Committee Report 1st House, Substituted 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 SB1702 by Fraser ( Relating to the regulation of health spas.), Committee Report 1st House, Substituted SB1702 by Fraser ( Relating to the regulation of health spas.), 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 make changes to the duration and cancellation of securities, the method of filing security claims, the process for filing claims for refunds, and notice requirements before health spa closings. The bill would make changes to the duration and cancellation of securities, the method of filing security claims, the process for filing claims for refunds, and notice requirements before health spa closings. Local Government Impact No significant 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