LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
 
May 23, 2011

TO:
Honorable David Dewhurst, Lieutenant Governor, Senate
 
FROM:
John S O'Brien, Director, Legislative Budget Board
 
IN RE:
SB767 by Ellis (Relating to the regulation of certain residential mortgage foreclosure consulting services; providing a criminal penalty. ), As Passed 2nd House

No significant fiscal implication to the State is anticipated.

The bill would amend the Business and Commerce Code and provides certain requirements for foreclosure consultants related to contracts, receiving a fee, and power of attorney. It is anticipated that any additional costs associated with implementation of the legislation could be absorbed within existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
302 Office of the Attorney General
LBB Staff:
JOB, AG, JM