LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 30, 2021 TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1977 by Parker (Relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business and Commerce Code, Section 503.001(e) relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions. The bill would narrow the Office of the Attorney General's authority by exempting financial institutions from this chapter. According to the Office of the Attorney General, it is anticipated that any work resulting from the passage of this bill could be reasonably absorbed within current resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General LBB Staff: b > td > JMc, AAL, LCO, HGR LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 30, 2021 TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1977 by Parker (Relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions.), As Introduced TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1977 by Parker (Relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions.), As Introduced Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB1977 by Parker (Relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions.), As Introduced HB1977 by Parker (Relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions.), 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, Section 503.001(e) relating to the applicability of certain limitations on the capture and use of biometric identifiers to financial institutions. The bill would narrow the Office of the Attorney General's authority by exempting financial institutions from this chapter. According to the Office of the Attorney General, it is anticipated that any work resulting from the passage of this bill could be reasonably absorbed within current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 302 Office of the Attorney General 302 Office of the Attorney General LBB Staff: b > td > JMc, AAL, LCO, HGR JMc, AAL, LCO, HGR