LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session March 19, 2001 TO: Honorable David Sibley, Chair, Senate Committee on Business & Commerce FROM: John Keel, Director, Legislative Budget Board IN RE: SJR42 by Carona (Proposing a constitutional amendment correcting technical errors in home equity lien provisions of the Texas Constitution and clarifying a lender's ability to cure certain violations of the home equity lien provisions.), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated, other than the * * cost of publication. * * * * The cost to the state for publication of the resolution is $80,000. * ************************************************************************** Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 329 Texas Real Estate Commission, 449 Finance Commission of Texas LBB Staff: JK, JC, JO, KM