Supplement: TX SB1132 | 2021-2022 | 87th Legislature | Fiscal Note (Introduced)

For additional supplements on Texas SB1132 please see the Bill Drafting List
Bill Title: Relating to the regulation of crafted precious metal dealers; authorizing the change of a fee.

Status: 2021-06-14 - See remarks for effective date [SB1132 Detail]

Download: Texas-2021-SB1132-Fiscal_Note_Introduced_.html
LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
April 5, 2021

TO:
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
SB1132 by Johnson (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 there would be 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:
304 Comptroller of Public Accounts, 466 Consumer Credit Comm
LBB Staff:
JMc, SZ, MB, RRE
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