Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3615 by Lambert (Relating to surcharges imposed for the use of a credit card.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Business and Commerce Code by removing the ability for the Office of the Attorney General to seek injunctive relief and civil penalties for a violation of Section 604A.002, which prohibits the imposition of surcharges for credit card purposes.
According to the Office of Court Administration, the Office of the Attorney General, and the Comptroller's Office, no significant fiscal implications are anticipated from the provisions of the bill.
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