LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION
 
May 13, 2005

TO:
Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
SB542 by West, Royce ( relating to the authority of the attorney general to bring suit on behalf of individuals injured by unlawful practices in restraint of trade.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would give the Attorney General authority to bring suit on behalf of a governmental entity and individuals residing in the state for damages incurred directly or indirectly because of a violation of restraint of trade.  The Act takes effect immediately if it receives a vote of two-thirds of all the members of each house; otherwise this Act takes effect on September 1, 2005.

The Office of the Attorney General anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources.


Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
302 Office of the Attorney General
LBB Staff:
JOB, JRO, MS