LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 12, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB897 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code and establish disclosure and notice requirements for automatic renewal clauses in contracts. The bill could result in additional investigations and cases by the Office of the Attorney General within the Consumer Protection and Public Health Division. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing 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, AG, JM LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 12, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB897 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts.), As Introduced TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB897 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts.), 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 HB897 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts.), As Introduced HB897 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts.), 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 and establish disclosure and notice requirements for automatic renewal clauses in contracts. The bill could result in additional investigations and cases by the Office of the Attorney General within the Consumer Protection and Public Health Division. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing 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, AG, JM JOB, AG, JM