LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 15, 2003

TO:	Honorable Burt R. Solomons, Chair, House Committee on Financial Institutions
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2584 by Flynn (relating to the definition of a financial institution for purposes of law governing savings banks. ), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The Department of Banking 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
LBB Staff:	JK, JRO, RT, RB