Fiscal Note

SB0116 - Department of Financial Institution's Fees

State Impact:
This bill would increase revenues to the General Fund Restricted - Financial Institutions by $991,000 in FY 2007.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2007
Revenue
FY 2008
Revenue
General Fund Restricted$0$0$991,000$1,033,000
   Total
$0

$0

$991,000

$1,033,000

Individual and Business Impact:
Fees would be increased to almost every financial entity under the Department of Financial Institutions responsibility with fees set according to the size of the institution (as determined by assets). Increases would vary from $3 to $405,000.


Office of the Legislative Fiscal Analyst
1/14/2006, 11:46:41 AM