LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 26, 2013 TO: Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1247 by Carona (Relating to credit services organizations and extensions of consumer credit facilitated by credit services organizations; providing civil and administrative penalties.), 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:451 Department of Banking, 466 Office of Consumer Credit Commissioner, 450 Department of Savings and Mortgage Lending LBB Staff: UP, RB, ED LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 26, 2013 TO: Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1247 by Carona (Relating to credit services organizations and extensions of consumer credit facilitated by credit services organizations; providing civil and administrative penalties.), As Engrossed TO: Honorable Mike Villarreal, Chair, House Committee on Investments & Financial Services FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB1247 by Carona (Relating to credit services organizations and extensions of consumer credit facilitated by credit services organizations; providing civil and administrative penalties.), As Engrossed 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 SB1247 by Carona (Relating to credit services organizations and extensions of consumer credit facilitated by credit services organizations; providing civil and administrative penalties.), As Engrossed SB1247 by Carona (Relating to credit services organizations and extensions of consumer credit facilitated by credit services organizations; providing civil and administrative penalties.), 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: 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 450 Department of Savings and Mortgage Lending 451 Department of Banking, 466 Office of Consumer Credit Commissioner, 450 Department of Savings and Mortgage Lending LBB Staff: UP, RB, ED UP, RB, ED