TX SB1007

Amends Section 601.002(b) of the Business & Commerce Code to add two new exemptions from consumer transaction cancellation requirements

Exempts service contracts regulated under Chapter 1304, Occupations Code, by the Texas Department of Licensing and Regulation from the cancellation rules

Exempts sales of services where the consumer can cancel at any time and the cancellation right is provided to the consumer in writing

Applies only to consumer transactions occurring on or after the effective date; transactions before that date remain governed by prior law

Takes effect September 1, 2025