LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
 
May 9, 2025

TO:
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB4739 by Geren (Relating to the elimination of the requirement that a portion of certain retail charge agreement delinquency fees be remitted to the comptroller.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would repeal the requirement that a portion of the delinquency charge on a retail charge agreement installment that is in default be deposited to an account in the General Revenue Fund. Minimal revenue related to this charge have been received by the Comptroller in recent fiscal years and minimal revenue is expected in the future. 

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
212 Office of Court Administration, Texas Judicial Council, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner
LBB Staff:
JMc, JPE, RStu, FV, SD, BRI