LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 2, 2011 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB17 by Carona (Relating to the regulation of residential mortgage loan servicers; providing an administrative penalty.), 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:450 Department of Savings and Mortgage Lending, 304 Comptroller of Public Accounts, 451 Department of Banking, 466 Office of Consumer Credit Commissioner LBB Staff: JOB, RAN, AG, MW LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 2, 2011 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB17 by Carona (Relating to the regulation of residential mortgage loan servicers; providing an administrative penalty.), As Engrossed TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE: SB17 by Carona (Relating to the regulation of residential mortgage loan servicers; providing an administrative penalty.), As Engrossed 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 SB17 by Carona (Relating to the regulation of residential mortgage loan servicers; providing an administrative penalty.), As Engrossed SB17 by Carona (Relating to the regulation of residential mortgage loan servicers; providing an administrative penalty.), 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: 450 Department of Savings and Mortgage Lending, 304 Comptroller of Public Accounts, 451 Department of Banking, 466 Office of Consumer Credit Commissioner 450 Department of Savings and Mortgage Lending, 304 Comptroller of Public Accounts, 451 Department of Banking, 466 Office of Consumer Credit Commissioner LBB Staff: JOB, RAN, AG, MW JOB, RAN, AG, MW