LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 13, 2021 TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3123 by Turner, John (Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.), As Introduced No fiscal implication to the State is anticipated. The Office of Consumer Credit Commissioner is a self-directed, semi-independent state entity and does not receive appropriated funds. The OCCC notes that the bill would result in a cost of $20,000 the first year, and $12,000 every year afterwards. The OCCC would adjust fees to cover these costs. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 466 Consumer Credit Comm LBB Staff: b > td > JMc, AAL, MB, RRE, SZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 13, 2021
TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3123 by Turner, John (Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.), As Introduced
TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3123 by Turner, John (Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.), As Introduced
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3123 by Turner, John (Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.), As Introduced
HB3123 by Turner, John (Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The Office of Consumer Credit Commissioner is a self-directed, semi-independent state entity and does not receive appropriated funds. The OCCC notes that the bill would result in a cost of $20,000 the first year, and $12,000 every year afterwards. The OCCC would adjust fees to cover these costs.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 466 Consumer Credit Comm
304 Comptroller of Public Accounts, 466 Consumer Credit Comm
LBB Staff: b > td > JMc, AAL, MB, RRE, SZ
JMc, AAL, MB, RRE, SZ