LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 1, 2013 TO: Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1441 by Canales (Relating to accounting and payoff statements for certain seller-financed residential loans; providing a 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: UP, RB, ED LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 1, 2013 TO: Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1441 by Canales (Relating to accounting and payoff statements for certain seller-financed residential loans; providing a penalty.), As Introduced TO: Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB1441 by Canales (Relating to accounting and payoff statements for certain seller-financed residential loans; providing a penalty.), As Introduced Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB1441 by Canales (Relating to accounting and payoff statements for certain seller-financed residential loans; providing a penalty.), As Introduced HB1441 by Canales (Relating to accounting and payoff statements for certain seller-financed residential loans; providing a 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: UP, RB, ED UP, RB, ED