LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
May 8, 2015

TO:
Honorable Tan Parker, Chair, House Committee on Investments & Financial Services
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
SB1075 by Eltife (Relating to criminal history record information obtained by the consumer credit commissioner.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Government Code to entitle the Consumer Credit Commissioner to obtain criminal history record information from the Department of Public Safety for applicants or holders of licenses for residential mortgage loan originators, credit service organizations, and debtor assistance.   It is assumed any costs associated with implementing the bill could be absorbed within current resources.

Local Government Impact

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


Source Agencies:
304 Comptroller of Public Accounts, 405 Department of Public Safety, 466 Office of Consumer Credit Commissioner
LBB Staff:
UP, CL, AI, JAW, JLi