Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3573 by Lambert (Relating to modernizing the regulation of money services businesses.), As Introduced
No significant fiscal implication to the State is anticipated.
Based on the analysis of the Office of the Attorney General and Texas Department of Banking, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
302 Office of the Attorney General, 451 Department of Banking