LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 31, 2011

TO:	Honorable Joe Deshotel, Chair, House Committee on Business & Industry
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB1428 by Deshotel (Relating to an account for construction retainage; providing a civil penalty.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

451 Department of Banking, 469 Credit Union Department, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending

LBB Staff:

JOB, AG, SD