LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 7, 2003

TO:	Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB1577 by Carona (Relating to the consideration of compliance with the law and with enforcement orders in the licensing of, and disciplinary action against, mortgage brokers and loan officers.), As Introduced

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, 469 Credit Union Department
LBB Staff:	JK, JRO, RT, RB