| TO: | Honorable Kino Flores, Chair, House Committee on Licensing & Administrative Procedures |
| FROM: | John Keel, Director, Legislative Budget Board |
| IN RE: | HB1218 by Chisum (relating to the continuation and functions of the Texas State Board of Public Accountancy; providing penalties. ), Committee Report 1st House, Substituted |
The provision of the bill that is the subject of this analysis would amend the other penalties and enforcement provisions subchapter of the Occupations Code by assigning criminal penalties of:
(1) a felony of the third degree if it is shown on the trial of the offense that the violation resulted in a monetary loss of less than $10,000 or did not result in a monetary loss;
(2) a felony of the second degree if it is shown on the trial of the offense that the violation resulted in a monetary loss of at least $10,000 but less than $100,000; and
(3) a felony of the first degree if it shown on the trial of the offense that the violation resulted in a monetary loss of at least $100,000.
It is assumed that the number of offenders convicted under this statute would not result in a significant impact on the programs and workload of state corrections agencies or on the demand for resources and services of those agencies.
| Source Agencies: | |
| LBB Staff: | JK, GG
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