LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 2, 2019

TO:	Honorable Jim Murphy, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB996 by Collier (relating to the collection of consumer debt by debt buyers.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

Based on analysis by the Comptroller of Public Accounts, Office of Consumer Credit Commissioner, and Office of the Attorney General, it is assumed that the provisions of the bill relating to debt collection could be absorbed using existing state resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

302 Office of the Attorney General, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner

LBB Staff:

WP, CMa, SLE, NV, JMO