TO: | Honorable Wayne Smith, Chair, House Committee on Licensing & Administrative Procedures |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB3467 by Bohac (Relating to the regulation of crafted precious metal dealers; providing criminal penalties; authorizing a fee.), As Introduced |
The bill would amend the Occupations Code relating to the regulation of crafted precious metal dealers. The bill would authorize a county or municipality to require a person to obtain a license or permit before they engage in the business of purchasing and selling crafted precious metals in that county or municipality. The bill would also establish Class A misdemeanor and state jail felony offenses for violations related to the regulation of crafted precious metal dealers as outlined in the provisions of the bill.
No significant impact on state correctional populations, programs, or workload is anticipated from any provisions of the bill that authorize or require a change in the sanctions applicable to adults convicted of felony crimes.
The fiscal impact that may be generated in association with implementing the provisions of the bill for the Office of the Consumer Credit Commissioner are not considered in this analysis because any fiscal impact for the agency would be realized outside of the Treasury due to the agency being Self-Directed and Semi-Independent.
Source Agencies: | 466 Office of Consumer Credit Commissioner, 696 Department of Criminal Justice
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LBB Staff: | UP, RB, ED, KKR, LM, TP
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