LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 20, 2009 TO: Honorable Rodney Ellis, Chair, Senate Committee on Government Organization FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1012 by Estes (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced No significant fiscal implication to the State is anticipated. The bill amends the Finance Code to continue the Credit Union Department as an independant 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, KK, MW, ACa LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 20, 2009 TO: Honorable Rodney Ellis, Chair, Senate Committee on Government Organization FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1012 by Estes (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced TO: Honorable Rodney Ellis, Chair, Senate Committee on Government Organization FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB1012 by Estes (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced Honorable Rodney Ellis, Chair, Senate Committee on Government Organization Honorable Rodney Ellis, Chair, Senate Committee on Government Organization John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB1012 by Estes (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced SB1012 by Estes (Relating to the continuation and functions of the Credit Union Department and the Credit Union Commission.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill amends the Finance Code to continue the Credit Union Department as an independant 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 independant 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, KK, MW, ACa JOB, KK, MW, ACa