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Relating to the prevention, identification, investigation, and enforcement of payment card fraud; providing a civil penalty.
Estimated Twoyear Net Impact to General Revenue Related Funds for HB2106, As Engrossed: an impact of $0 through the biennium ending August 31, 2023.
The Texas Department of Licensing and Regulation (TDLR) is statutorily required to generate sufficient revenue to cover its costs of operation, therefore this analysis assumes that any increased cost to TDLR, would be offset by an increase in fee-generated revenue. Unlike for other programs regulated by TDLR, the bill would not provide authority for TDLR to collect fees to cover the costs associated with implementing the provisions of the bill. It is possible that TDLR would have to increase fees on its other regulatory programs to cover these costs.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
HB 2106 would transfer authority regarding credit card skimmers at motor fuel dispensers to Texas Department of Licensing and Regulation and would re-designate the Payment Card Fraud Center as the Financial Crimes Intelligence Center at the department.
The proposed transfer of responsibility for efforts to combat card skimmers to TDLR does not affect our liberty principles, therefore Texas Action remains neutral on HB 2106.