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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 30, 2021
TO:
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2629 by Thompson, Senfronia (Relating to the establishment of a registry for and requiring the registration of certain unmanned teller machines; imposing a fee; providing a civil penalty.), As Introduced
No significant fiscal implication to the State is anticipated.
It is assumed that the costs associated with the bill's provisions relating to the establishment of a registry for and requiring the registration of certain unmanned teller machines would have no fiscal impact on the state because the Department of Banking is a self-directed, semi-independent state entity and does not receive appropriated funds.
The bill would give the Office of the Attorney General the authority to seek injunctive relief and/or civil penalities against a person who violates this chapter, but the OAG anticipates that any additional work as a result of the passage and enforcement of this bill could be absorbed with current 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, 451 Department of Banking