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Bill > SB1007


TX SB1007

TX SB1007
Relating to the cancellation of certain consumer transactions.


summary

Introduced
01/29/2025
In Committee
02/24/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the cancellation of certain consumer transactions.

AI Summary

This bill modifies Section 601.002(b) of the Texas Business & Commerce Code to expand the exceptions to the existing consumer transaction cancellation regulations. Specifically, the bill adds two new exceptions to the current law: first, service contracts regulated by the Texas Department of Licensing and Regulation under Chapter 1304 of the Occupations Code are now exempt from the chapter's provisions, and second, services that are cancellable by the consumer at any time and where the cancellation right is provided in writing are also excluded. The bill clarifies that these changes will only apply to consumer transactions occurring on or after the effective date of September 1, 2025, meaning transactions before that date will continue to be governed by the previous version of the law. This modification appears aimed at providing more flexibility for certain types of consumer transactions by creating additional exemptions to the existing cancellation regulations.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to Business & Commerce (on 02/24/2025)

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