Honorable Gary Elkins, Chair, House Committee on Government Transparency & Operation
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1995 by Elkins (Relating to the Texas Uniform Trade Secrets Act.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Texas Uniform Trade Secrets Act in the Civil Practice and Remedies Code to revise certain definitions and the elements of misappropriation claims. The bill would allow a court, under certain circumstances, to seal records and exclude parties from hearings in order to protect trade secrets. The Office of Court Administration has indicated that it could implement the provisions of the bill with existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council