Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4233 by Capriglione (Relating to reporting and auditing requirements for digital asset service providers.), As Engrossed
No significant fiscal implication to the State is anticipated.
The Department of Banking is a self-directed, semi-independent agency that is responsible for its costs of operations, prohibited from causing the General Revenue Fund to incur any cost, and not subject to the legislative budgeting process.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.