Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB808 by Driver (Relating to exempting an accountant from regulation as a private investigator.), As Engrossed
No fiscal implication to the State is anticipated.
This bill would amend the Occupations Code, Section 1702.324 (b) to exempt an accountant, an accounting firm, an owner of an accounting firm, or an employee of an accountant or accounting firm from regulation as a private investigator.
Because the Texas Board of Public Accountancy participates in the Self-Directed, Semi-Independent program, any fiscal impact would be to the agency's operating fund held outside the state treasury.
The bill would take effect immediately if it receives the requisite two-thirds votes in each house; otherwise, it would take effect September 1, 2005.
Local Government Impact
No fiscal implication to units of local government is anticipated.