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 Impact
No significant fiscal implication to units of local government is anticipated.