LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 14, 2003

TO:	Honorable Bill Ratliff, Chair, Senate Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB1112 by Shapleigh (Relating to regulation of certain lending and finance practices.), As Introduced

No fiscal implication to the State is anticipated.

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

LBB Staff:

JK, RR, KG, JRO, RT, RB