LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 24, 2009 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2735 by Flynn (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced No fiscal implication to the State is anticipated. The bill amends the Finance Code to continue the Credit Union Department as an independent agency for the next 12 years. Based on the analysis of the Credit Union Department and the Sunset Advisory Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:116 Sunset Advisory Commission, 469 Credit Union Department LBB Staff: JOB, JRO, MW, ACa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 24, 2009
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2735 by Flynn (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2735 by Flynn (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced
Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2735 by Flynn (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced
HB2735 by Flynn (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill amends the Finance Code to continue the Credit Union Department as an independent agency for the next 12 years. Based on the analysis of the Credit Union Department and the Sunset Advisory Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
The bill amends the Finance Code to continue the Credit Union Department as an independent agency for the next 12 years.
Based on the analysis of the Credit Union Department and the Sunset Advisory Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 116 Sunset Advisory Commission, 469 Credit Union Department
116 Sunset Advisory Commission, 469 Credit Union Department
LBB Staff: JOB, JRO, MW, ACa
JOB, JRO, MW, ACa