LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB655 by Solomons ( Relating to payment to a trustee or substitute trustee after public sale of foreclosed property.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:450 Department of Savings and Mortgage Lending, 466 Office of Consumer Credit Commissioner LBB Staff: JOB, JRO, MW, ACa LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB655 by Solomons ( Relating to payment to a trustee or substitute trustee after public sale of foreclosed property.), Committee Report 1st House, Substituted TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB655 by Solomons ( Relating to payment to a trustee or substitute trustee after public sale of foreclosed property.), Committee Report 1st House, Substituted Honorable Joe Deshotel, Chair, House Committee on Business & Industry Honorable Joe Deshotel, Chair, House Committee on Business & Industry John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB655 by Solomons ( Relating to payment to a trustee or substitute trustee after public sale of foreclosed property.), Committee Report 1st House, Substituted HB655 by Solomons ( Relating to payment to a trustee or substitute trustee after public sale of foreclosed property.), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 450 Department of Savings and Mortgage Lending, 466 Office of Consumer Credit Commissioner 450 Department of Savings and Mortgage Lending, 466 Office of Consumer Credit Commissioner LBB Staff: JOB, JRO, MW, ACa JOB, JRO, MW, ACa