Supplement: TX SB895 | 2023-2024 | 88th Legislature | Fiscal Note (Senate Committee Report)
For additional supplements on Texas SB895 please see the Bill Drafting List
Bill Title: Relating to the regulation of money services businesses; creating a criminal offense; creating administrative penalties; authorizing the imposition of a fee.
Status: 2023-05-29 - Effective on 9/1/23 [SB895 Detail]
Download: Texas-2023-SB895-Fiscal_Note_Senate_Committee_Report_.html
Bill Title: Relating to the regulation of money services businesses; creating a criminal offense; creating administrative penalties; authorizing the imposition of a fee.
Status: 2023-05-29 - Effective on 9/1/23 [SB895 Detail]
Download: Texas-2023-SB895-Fiscal_Note_Senate_Committee_Report_.html
| TO: |
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
SB895 by Johnson (relating to the regulation of money services businesses; creating a criminal offense; creating administrative penalties; authorizing the imposition of a fee.), Committee Report 1st House, Substituted |
No significant fiscal implication to the State is anticipated.
Based on the analysis of the Office of the Attorney General, Office of Court Administration, Texas Judicial Council, Comptroller of Public Accounts, and the Texas Department of Banking, 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: | 212 Office of Court Administration, Texas Judicial Council, 302 Office of the Attorney General, 304 Comptroller of Public Accounts, 451 Department of Banking |
| LBB Staff: | JMc, SZ, LBl, GDZ |
