Honorable John Davis, Chair, House Committee on Economic & Small Business Development
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB1711 by Davis, John (Relating to disaster remediation contracts; providing penalties.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Business and Commerce Code and requires that a disaster remediation contract must be in writing and prohibits a disaster contractor from requiring payment prior to beginning work or charging a partial payment in any amount disproportionate to the work which has been performed. The bill may result in new complaints and investigations by the Office of the Attorney General’s Consumer Protection and Public Health Division. However, it is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.