LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

February 24, 2003

TO:	Honorable Helen Giddings, Chair, House Committee on Business & Industry
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB176 by McCall (Relating to the contents of a receipt issued for payment of a good or service by debit or credit card; providing a civil penalty.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill prohibits a seller from issuing a sales receipt or other document from a debit or credit card transaction unless at least four digits of the cardholder’s debit or credit card account number are omitted from the receipt or document.   The bill further stipulates that the civil penalty for a violation of this section shall not exceed $500 per violation and designates the attorney general or the prosecuting attorney in the county in which such a violation occurs to bring suit to recover the civil penalty imposed.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.  Local government entities would incur minimal programming costs to obscure or eliminate the debit or credt card account number on receipts and documents.

Source Agencies:	302 Office Of The Attorney General, 304 Comptroller Of Public Accounts
LBB Staff:	JK, JRO, MS, BL, KG