LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 3, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB560 by Hancock (Relating to surcharges imposed for the use of a credit card; providing a civil penalty.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code relating to surcharges imposed for the use of a credit card; providing a civil penalty. The bill would create liability for certain persons for a civil penalty of up to $500. The bill would eliminate provisions relating to the exclusive jurisdiction of the commissioner. The bill could increase the number and amount of civil penalties collected; however the number and amount cannot be determined. The Office of the Attorney General, Office of Court Administration, and Consumer Credit Commission anticipate any additional work resulting from the passage of the bill could be reasonably absorbed within current 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, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner LBB Staff: UP, CL, EH, EK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 3, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB560 by Hancock (Relating to surcharges imposed for the use of a credit card; providing a civil penalty.), As Introduced
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB560 by Hancock (Relating to surcharges imposed for the use of a credit card; providing a civil penalty.), As Introduced
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB560 by Hancock (Relating to surcharges imposed for the use of a credit card; providing a civil penalty.), As Introduced
SB560 by Hancock (Relating to surcharges imposed for the use of a credit card; providing a civil penalty.), 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 surcharges imposed for the use of a credit card; providing a civil penalty. The bill would create liability for certain persons for a civil penalty of up to $500. The bill would eliminate provisions relating to the exclusive jurisdiction of the commissioner. The bill could increase the number and amount of civil penalties collected; however the number and amount cannot be determined. The Office of the Attorney General, Office of Court Administration, and Consumer Credit Commission anticipate any additional work resulting from the passage of the bill could be reasonably absorbed within current 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, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner
212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner
LBB Staff: UP, CL, EH, EK
UP, CL, EH, EK