LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 19, 2009

TO:	Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2672 by Howard, Charlie (Relating to restrictions on the automatic renewal of contracts.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Business and Commerce Code and requires automatic renewal provisions in contracts to be conspicuously disclosed to the consumer at the time the contract is entered. The Office of the Attorney General indicates that any additional work resulting from the enactment of the 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, JM