LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 25, 1995 TO: Honorable Kenny Marchant, Chair IN RE: Committee Substitute Committee on Financial Institutions forHouse Bill House of Representatives No. 725 Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 725 (relating to the transfer of servicing of certain residential real estate loans; providing a penalty.) this office has determined the following: No fiscal implication to the State or units of local government is anticipated. Source: LBB Staff: JK, SM, RR