LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 13, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2103 by Jackson, Jim (Relating to the consideration of a letter of credit issued by a federal home loan bank as an eligible security for collateral to secure public funds.), As Engrossed No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 451 Department of Banking LBB Staff: JOB, KK, AG LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 13, 2011 TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2103 by Jackson, Jim (Relating to the consideration of a letter of credit issued by a federal home loan bank as an eligible security for collateral to secure public funds.), As Engrossed TO: Honorable John Carona, Chair, Senate Committee on Business & Commerce FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB2103 by Jackson, Jim (Relating to the consideration of a letter of credit issued by a federal home loan bank as an eligible security for collateral to secure public funds.), As Engrossed Honorable John Carona, Chair, Senate Committee on Business & Commerce Honorable John Carona, Chair, Senate Committee on Business & Commerce John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board HB2103 by Jackson, Jim (Relating to the consideration of a letter of credit issued by a federal home loan bank as an eligible security for collateral to secure public funds.), As Engrossed HB2103 by Jackson, Jim (Relating to the consideration of a letter of credit issued by a federal home loan bank as an eligible security for collateral to secure public funds.), As Engrossed 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: 304 Comptroller of Public Accounts, 451 Department of Banking 304 Comptroller of Public Accounts, 451 Department of Banking LBB Staff: JOB, KK, AG JOB, KK, AG