LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 18, 2011 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3820 by Giddings (Relating to a consumer's option to prevent the sale of the consumer's financial information by a financial institution; providing a civil penalty.), As Introduced 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, 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department LBB Staff: JOB, AG, RAN LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 18, 2011 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3820 by Giddings (Relating to a consumer's option to prevent the sale of the consumer's financial information by a financial institution; providing a civil penalty.), 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: HB3820 by Giddings (Relating to a consumer's option to prevent the sale of the consumer's financial information by a financial institution; providing a civil penalty.), 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 HB3820 by Giddings (Relating to a consumer's option to prevent the sale of the consumer's financial information by a financial institution; providing a civil penalty.), As Introduced HB3820 by Giddings (Relating to a consumer's option to prevent the sale of the consumer's financial information by a financial institution; providing a civil penalty.), As Introduced 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, 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department 450 Department of Savings and Mortgage Lending, 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 469 Credit Union Department LBB Staff: JOB, AG, RAN JOB, AG, RAN