LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 29, 2003

TO:	Honorable Burt R. Solomons, Chair, House Committee on Financial Institutions
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB1577 by Carona (relating to the effect of a criminal conviction on licensing and regulation of a mortgage broker or loan officer. ), Committee Report 2nd House, Substituted

No fiscal implication to the State is anticipated.

The Savings and Loan Department indicates 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