LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                            February 24, 2001
  
  
          TO:  Honorable David Sibley, Chair, Senate Committee on
               Business & Commerce
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB585  by Carona (Relating to exemption of certain
               persons from the license requirements imposed under the
               Mortgage Broker License Act.), As Introduced
  
**************************************************************************
*  No fiscal implication to the State is anticipated.                    *
**************************************************************************
  
Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   451   Department of Banking, 450   Texas Savings and
                   Loan Department
LBB Staff:         JK, JO, DE