Bill > HB3466

This bill modifies the Texas Business & Commerce Code by expanding the list of exceptions to consumer transaction regulations. Specifically, the bill adds two new categories of transactions that would be exempt from certain cancellation rules: first, service contracts regulated by the Texas Department of Licensing and Regulation, and second, services that are cancellable by the consumer at any time and where the cancellation right is provided to the consumer in writing. These changes are part of the existing legal framework governing consumer transactions, which already includes several other exceptions like farm equipment purchases, insurance sales, and certain real estate transactions. The bill clarifies that these new provisions will only apply to consumer transactions occurring on or after its effective date (September 1, 2025), meaning transactions before that date will continue to be governed by the previous version of the law. The purpose appears to be providing more flexibility and clarity for consumers and businesses in certain types of service transactions by explicitly defining when and how cancellation rights apply.

Business and Industry

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3466