Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2837 by Schaefer (relating to prohibiting a person or entity from surveilling, reporting, or tracking the purchase of firearms, ammunition, and accessories through the use of certain merchant category codes; imposing a civil penalty.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Finance Code relating to prohibiting financial institutions in Texas from surveilling, reporting, or tracking the purchase of firearms and ammunition.
According to the Office of Court Administration, the Office of the Attorney General, and the Department of Banking, any additional work resulting from the provisions of the bill could be absorbed within current resources.
According to the Comptroller's Office, the revenue impact of the bill cannot be determined.
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, 451 Department of Banking