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