LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

April 6, 2009

TO:	Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB1702 by Fraser (Relating to the regulation of health spas.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would make changes to the duration and cancellation of securities, the method of filing security claims, the process for filing claims for refunds, and notice requirements before health spa closings.

Local Government Impact

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

Source Agencies:

307 Secretary of State

LBB Staff:

JOB, JRO, BTA