LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 12, 2003

TO:	Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB417 by Harris (relating to interest rate ceilings on certain commercial loans. ), 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 provisions of the bill would have no fiscal impact 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, RB, JO, JRO, RT