LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 12, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1371 by Johnson (Relating to the regulation of consumer credit transactions and the regulatory authority of the consumer credit commissioner; changing a fee.), As Introduced No significant fiscal implication to the State is anticipated. Based on the analysis of the Comptroller of Public Accounts and the Office of the Consumer Credit Commissioner, any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner LBB Staff: b > td > JMc, SZ, LBl LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 12, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1371 by Johnson (Relating to the regulation of consumer credit transactions and the regulatory authority of the consumer credit commissioner; changing a fee.), As Introduced TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1371 by Johnson (Relating to the regulation of consumer credit transactions and the regulatory authority of the consumer credit commissioner; changing a fee.), As Introduced Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB1371 by Johnson (Relating to the regulation of consumer credit transactions and the regulatory authority of the consumer credit commissioner; changing a fee.), As Introduced SB1371 by Johnson (Relating to the regulation of consumer credit transactions and the regulatory authority of the consumer credit commissioner; changing a fee.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. Based on the analysis of the Comptroller of Public Accounts and the Office of the Consumer Credit Commissioner, any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner LBB Staff: b > td > JMc, SZ, LBl JMc, SZ, LBl