LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 24, 2023 TO: Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1552 by Guillen (relating to the limitation of liability of a financial institution acquiring a trustee financial institution.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council, 451 Department of Banking, 469 Credit Union Department LBB Staff: b > td > JMc, KDw, RSTE, MW LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 24, 2023 TO: Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1552 by Guillen (relating to the limitation of liability of a financial institution acquiring a trustee financial institution.), Committee Report 1st House, Substituted TO: Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1552 by Guillen (relating to the limitation of liability of a financial institution acquiring a trustee financial institution.), Committee Report 1st House, Substituted Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence Honorable Jeff Leach, Chair, House Committee on Judiciary & Civil Jurisprudence Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB1552 by Guillen (relating to the limitation of liability of a financial institution acquiring a trustee financial institution.), Committee Report 1st House, Substituted HB1552 by Guillen (relating to the limitation of liability of a financial institution acquiring a trustee financial institution.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council, 451 Department of Banking, 469 Credit Union Department 212 Office of Court Administration, Texas Judicial Council, 451 Department of Banking, 469 Credit Union Department LBB Staff: b > td > JMc, KDw, RSTE, MW JMc, KDw, RSTE, MW