LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 23, 2025 TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2043 by Lambert (Relating to the regulation of earned wage access services; providing an administrative penalty.), As Introduced No significant fiscal implication to the State is anticipated. The Office of the Consumer Credit Commissioner is a self-directed, semi-independent agency that is responsible for its costs of operations, prohibited from causing the General Revenue Fund to incur any cost, and not subject to the legislative budgeting process. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner LBB Staff: b > td > JMc, FV, GDZ, BFa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 23, 2025
TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2043 by Lambert (Relating to the regulation of earned wage access services; providing an administrative penalty.), As Introduced
TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB2043 by Lambert (Relating to the regulation of earned wage access services; providing an administrative penalty.), As Introduced
Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB2043 by Lambert (Relating to the regulation of earned wage access services; providing an administrative penalty.), As Introduced
HB2043 by Lambert (Relating to the regulation of earned wage access services; providing an administrative penalty.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The Office of the Consumer Credit Commissioner is a self-directed, semi-independent agency that is responsible for its costs of operations, prohibited from causing the General Revenue Fund to incur any cost, and not subject to the legislative budgeting process.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 212 Office of Court Administration, Texas Judicial Council, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner
212 Office of Court Administration, Texas Judicial Council, 304 Comptroller of Public Accounts, 466 Office of Consumer Credit Commissioner
LBB Staff: b > td > JMc, FV, GDZ, BFa
JMc, FV, GDZ, BFa