Supplement: TX HB2416 | 2021-2022 | 87th Legislature | Fiscal Note (Engrossed)

For additional supplements on Texas HB2416 please see the Bill Drafting List
Bill Title: Relating to the recovery of attorney's fees as compensatory damages for certain claims.

Status: 2021-06-18 - Effective on 9/1/21 [HB2416 Detail]

Download: Texas-2021-HB2416-Fiscal_Note_Engrossed_.html
LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
May 21, 2021

TO:
Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB2416 by Gervin-Hawkins (Relating to the recovery of attorney's fees as compensatory damages for certain claims.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill adds a new section to Civil Practice and Remedies Code Chapter 38, which relates to attorney's fees, providing that a person may recover reasonable attorney's fees from an individual, corporation, or other entity as compensatory damages for breach of a construction contract.

Based on information provided by the Office of Court Administration and Secretary of State, no significant fiscal impact to the state or the state court system is anticipated as a result from implementing 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 Admin, 307 Secretary of State
LBB Staff:
JMc, SMAT, SLE, BH, MW
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