Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1265 by Wu (Relating to a deceptive act or practice involving a solicitation in connection with a good or service.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Business and Commerce Code to add certain actions as a deceptive trade practice. The bill would take effect September 1, 2015.
Based on LBB's analysis of the Office of the Attorney General, the costs associated with implementation of the bill could be absorbed with existing resources.
Local Government Impact
The fiscal implications of the bill cannot be determined at this time