LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 6, 2003

TO:	Honorable Burt R. Solomons, Chair, House Committee on Financial Institutions
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2713 by Gutierrez (Relating to additional interest for default on certain secondary mortgage loans.), As Introduced

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