LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 28, 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.), Committee Report 1st House, Substituted 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.It is assumed that any costs associated with the bill could be absorbed using existing 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 28, 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.), Committee Report 1st House, Substituted 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.), Committee Report 1st House, Substituted 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.), Committee Report 1st House, Substituted HB2657 by Leach (relating to voidable provisions contained in certain construction contracts.), Committee Report 1st House, Substituted 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.It is assumed that any costs associated with the bill could be absorbed using existing 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