LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 16, 2023 TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2657 by Leach (Relating to voidable provisions contained in certain construction contracts.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business & Commerce Code by making several revisions relating to voidable contact provisions contained in certain construction contracts.According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be 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, SZ, HGR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 16, 2023
TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2657 by Leach (Relating to voidable provisions contained in certain construction contracts.), As Introduced
TO: Honorable Oscar Longoria, Chair, House Committee on Business & Industry
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2657 by Leach (Relating to voidable provisions contained in certain construction contracts.), As Introduced
Honorable Oscar Longoria, Chair, House Committee on Business & Industry
Honorable Oscar Longoria, Chair, House Committee on Business & Industry
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2657 by Leach (Relating to voidable provisions contained in certain construction contracts.), As Introduced
HB2657 by Leach (Relating to voidable provisions contained in certain construction 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 & Commerce Code by making several revisions relating to voidable contact provisions contained in certain construction contracts.According to the Office of the Attorney General, any additional work resulting from the provisions of the bill could be 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, SZ, HGR
JMc, SZ, HGR