LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
April 27, 2021

TO:
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB2284 by Toth (Relating to the physical presence of a borrower at the closing of a home equity loan.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Finance Code to specify certain circumstances in which a borrower is not required to be physically present at the closing of a home equity loan. 

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
450 Dept Savings and Mortgage Lending
LBB Staff:
JMc, AAL, MB, EJ