Supplement: TX HB2284 | 2021-2022 | 87th Legislature | Fiscal Note (Introduced)

For additional supplements on Texas HB2284 please see the Bill Drafting List
Bill Title: Relating to the physical presence of a borrower at the closing of a home equity loan.

Status: 2021-05-11 - Committee report sent to Calendars [HB2284 Detail]

Download: Texas-2021-HB2284-Fiscal_Note_Introduced_.html
LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
 
April 27, 2021

TO:
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB2284 by Toth (Relating to the physical presence of a borrower at the closing of a home equity loan.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Finance Code to specify certain circumstances in which a borrower is not required to be physically present at the closing of a home equity loan. 

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
450 Dept Savings and Mortgage Lending
LBB Staff:
JMc, AAL, MB, EJ
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