Bill Text: TX SB1007 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the cancellation of certain consumer transactions.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2025-02-24 - Referred to Business & Commerce [SB1007 Detail]
Download: Texas-2025-SB1007-Introduced.html
| 89R3227 SRA-F | ||
| By: Middleton | S.B. No. 1007 | |
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| relating to the cancellation of certain consumer transactions. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 601.002(b), Business & Commerce Code, is | ||
| amended to read as follows: | ||
| (b) Notwithstanding Subsection (a), this chapter does not | ||
| apply to: | ||
| (1) a purchase of farm equipment; | ||
| (2) an insurance sale regulated by the Texas | ||
| Department of Insurance; | ||
| (3) a sale of goods or services made: | ||
| (A) under a preexisting revolving charge account | ||
| or retail charge agreement; or | ||
| (B) after negotiations between the parties at a | ||
| business establishment in a fixed location where goods or services | ||
| are offered or exhibited for sale; [ |
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| (4) a sale of real property if: | ||
| (A) the purchaser is represented by a licensed | ||
| attorney; | ||
| (B) the transaction is negotiated by a licensed | ||
| real estate broker; or | ||
| (C) the transaction is negotiated at a place | ||
| other than the consumer's residence by the person who owns the | ||
| property; | ||
| (5) a service contract regulated under Chapter 1304, | ||
| Occupations Code, by the Texas Department of Licensing and | ||
| Regulation; or | ||
| (6) a sale of a service if: | ||
| (A) the service is cancellable by the consumer at | ||
| any time; and | ||
| (B) the right to cancel the service is provided | ||
| to the consumer in writing. | ||
| SECTION 2. The changes in law made by this Act apply only to | ||
| a consumer transaction that occurs on or after the effective date of | ||
| this Act. A consumer transaction that occurs before the effective | ||
| date of this Act is governed by the law in effect on the date the | ||
| transaction occurred, and the former law is continued in effect for | ||
| that purpose. | ||
| SECTION 3. This Act takes effect September 1, 2025. | ||
