LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

February 19, 2013

TO:	Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	SB474 by Carona (Relating to financing statements and other records under the secured transactions law.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Business and Commerce Code as it relates to financing statements and other records under the secured transactions law.

Local Government Impact

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

Source Agencies:

307 Secretary of State

LBB Staff:

UP, RB, CK