LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 8, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE:  House BillNo. 1298,
         Committee on Financial Institutions                   as amended
         House of Representatives                       By: Carona
         Austin, Texas







FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
1298 (relating to access to criminal history record information
by the banking commissioner) this office has determined the
following:

The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.

The bill would allow the Department of Banking, through its
Special Audits function, to request a Criminal Record Check for
the following licensees under its purview:

-  Applicants for state chartered banks;
-  Bank Trust Companies;
-  Currency exchange licensees;
-  Sale of Check licensees;
-  Perpetual Care Cemeteries; and
-  Pre-paid Funeral Contract licensees.


No significant fiscal implication to the State is anticipated.

No fiscal implication to units of local government is
anticipated.


Source:   Department of Banking
          LBB Staff: JK, VS, RR