LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

February 17, 2005

TO:	Honorable Burt R. Solomons, Chair, House Committee on Financial Institutions
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB694 by Leibowitz (Relating to disclosure of electronic terminal withdrawal limits; providing a civil penalty.), As Introduced

No significant fiscal implication to the State is anticipated.

The Office of the Attorney General indicates that any costs associated with the bill could be absorbed within the agency's existing resources.

The bill would take effect September 1, 2005.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

302 Office of the Attorney General, 450 Savings and Loan Department, 451 Department of Banking, 469 Credit Union Department

LBB Staff:

JOB, JRO, MW, RB