SB 1007

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
(b)  Notwithstanding Subsection (a), this chapter does not
(1)  a purchase of farm equipment;
(2)  an insurance sale regulated by the Texas
(3)  a sale of goods or services made:
(A)  under a preexisting revolving charge account
(B)  after negotiations between the parties at a
business establishment in a fixed location where goods or services
are offered or exhibited for sale; [or]
(4)  a sale of real property if:
(A)  the purchaser is represented by a licensed
(B)  the transaction is negotiated by a licensed
(C)  the transaction is negotiated at a place
other than the consumer's residence by the person who owns the
(5)  a service contract regulated under Chapter 1304,
Occupations Code, by the Texas Department of Licensing and
(A)  the service is cancellable by the consumer at
(B)  the right to cancel the service is provided
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
SECTION 3.  This Act takes effect September 1, 2025.