Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4359 by Frazier (Relating to the regulation of accounts receivable purchase transaction actions.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Business and Commerce Code relating to the regulation of accounts receivable purchase transaction actions.
According to the Office of Court Administration, the Office of the Attorney General, and the Secretary of State, 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 estimated.
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, 307 Secretary of State