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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 13, 2021
TO:
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3123 by Turner, John (Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.), As Introduced
No fiscal implication to the State is anticipated.
The Office of Consumer Credit Commissioner is a self-directed, semi-independent state entity and does not receive appropriated funds. The OCCC notes that the bill would result in a cost of $20,000 the first year, and $12,000 every year afterwards. The OCCC would adjust fees to cover these costs.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 466 Consumer Credit Comm