LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 25, 2013 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1388 by Carona (Relating to identity recovery service contracts.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Finance Code and Government Code relating to identity recovery service contracts. Based on information provided by Department of Licensing and Regulation (TDLR), Office of the Attorney General, and the Comptroller of Public Accounts, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. This analysis also assumes that a revenue loss would be realized with the implementation of the bill based on information provided by TDLR; however, it is also assumed that the amount of revenue loss each fiscal year would be insignificant. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General, 304 Comptroller of Public Accounts, 452 Department of Licensing and Regulation LBB Staff: UP, RB, MW, CWS
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 25, 2013
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1388 by Carona (Relating to identity recovery service contracts.), As Introduced
TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1388 by Carona (Relating to identity recovery service contracts.), As Introduced
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Honorable John Carona, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1388 by Carona (Relating to identity recovery service contracts.), As Introduced
SB1388 by Carona (Relating to identity recovery service 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 Finance Code and Government Code relating to identity recovery service contracts. Based on information provided by Department of Licensing and Regulation (TDLR), Office of the Attorney General, and the Comptroller of Public Accounts, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. This analysis also assumes that a revenue loss would be realized with the implementation of the bill based on information provided by TDLR; however, it is also assumed that the amount of revenue loss each fiscal year would be insignificant.
The bill would amend the Finance Code and Government Code relating to identity recovery service contracts.
Based on information provided by Department of Licensing and Regulation (TDLR), Office of the Attorney General, and the Comptroller of Public Accounts, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
This analysis also assumes that a revenue loss would be realized with the implementation of the bill based on information provided by TDLR; however, it is also assumed that the amount of revenue loss each fiscal year would be insignificant.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 452 Department of Licensing and Regulation
302 Office of the Attorney General, 304 Comptroller of Public Accounts, 452 Department of Licensing and Regulation
LBB Staff: UP, RB, MW, CWS
UP, RB, MW, CWS