LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 31, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1428 by Deshotel (Relating to an account for construction retainage; providing a civil penalty.), 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:451 Department of Banking, 469 Credit Union Department, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending LBB Staff: JOB, AG, SD LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 31, 2011 TO: Honorable Joe Deshotel, Chair, House Committee on Business & Industry FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1428 by Deshotel (Relating to an account for construction retainage; providing a civil penalty.), 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: HB1428 by Deshotel (Relating to an account for construction retainage; providing a civil penalty.), 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 HB1428 by Deshotel (Relating to an account for construction retainage; providing a civil penalty.), Committee Report 1st House, Substituted HB1428 by Deshotel (Relating to an account for construction retainage; providing a civil penalty.), 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: 451 Department of Banking, 469 Credit Union Department, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending 451 Department of Banking, 469 Credit Union Department, 329 Real Estate Commission, 450 Department of Savings and Mortgage Lending LBB Staff: JOB, AG, SD JOB, AG, SD