Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3395 by Capriglione (relating to the charging of swipe fees on certain electronic payment transactions; authorizing a civil penalty.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Business & Commerce Code relating to the charging of swipe fees on certain electric payment transactions.
According to the Office of Court Administration and the Office of the Attorney General, and the Parks and Wildlife Department, no significant fiscal implications are anticipated from the provisions of the bill.
According to the Comptroller's Office, the civil penalty revenue impact of the bill cannot be estimated.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 802 Parks and Wildlife Department