LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 6, 2003

TO:	Honorable Burt R. Solomons, Chair, House Committee on Financial Institutions
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB533 by Carona (relating to certain practices of debt collectors and credit bureaus.), Committee Report 2nd House, Substituted

No fiscal implication to the State is anticipated.

The Savings and Loan Department, the Department of Banking, the Office of Consumer Credit Commissioner, and the Credit Union 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, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department

LBB Staff:

JK, JRO, RT, RB