LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 5, 1997
TO: Honorable Rodney Ellis, Chair IN RE: Senate Bill No. 1007
Committee on Jurisprudence By: Ellis
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1007 ( Relating
to increased civil penalties for deceptive trade practices against
elderly consumers.) this office has detemined the following:
Biennial Net Impact to General Revenue Funds by SB1007-As Introduced
No significant fiscal implication to the State is anticipated.
FISCAL ANALYSIS
The bill would amend section 17.47(c) of
the Business and Commerce Code to allow the Consumer Protection
Division of the Attorney General's Office to request a civil
penalty for deceptive trade practices perpetrated against elderly
consumers. The civil penalty would be paid to the state and
could not exceed $10,000 per violation, or $100,000 total, upon
determination by the Attorney General's Office that fraud or
deception was designed to acquire or deprive money or other
property from a consumer of 60 years or older.
Total revenue
to the state would depend on the number of determinations by
the Attorney General's Office that fraud or deception that was
designed to acquire or deprive money or other property from
a consumer of 60 years or older took place. However, the total
amount of revenue is not expected to be significant.
No significant fiscal implication to units of local government
is anticipated.
Source: Agencies: 302 Office of the Attorney General
304 Comptroller of Public Accounts
LBB Staff: JK ,BB ,PE