LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 3, 2003

TO:	Honorable Burt R. Solomons, Chair, House Committee on Financial Institutions
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB1224 by Villarreal (Relating to the amount of deposits that a financial institution may control.), As Introduced

No fiscal implication to the State is anticipated.

The Department of Banking, the Credit Union Department, and the Savings and Loan Department indicate the bill would have no cost to the state.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	450 Savings and Loan Department, 451 Department of Banking, 469 Credit Union Department
LBB Staff:	JK, JRO, RT, RB