LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 18, 2003

TO:	Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HJR23 by Hochberg (Proposing a constitutional amendment permitting refinancing of a home equity loan with a reverse mortgage.), As Engrossed

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 $85,275.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	307 Secretary of State, 450 Savings and Loan Department, 451 Department of Banking, 466 Office of Consumer Credit Commissioner
LBB Staff:	JK, CL, WP, JRO