LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION

April 12, 2023

TO:	Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB1371 by Johnson (Relating to the regulation of consumer credit transactions and the regulatory authority of the consumer credit commissioner; changing a fee.), As Introduced

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Comptroller of Public Accounts and the Office of the Consumer Credit Commissioner, any 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:

304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner

LBB Staff:

JMc, SZ, LBl