LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 15, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE: Committee Substitute
         Committee on Financial Institutions    for House Bill No. 73
         House of Representatives
         Austin, Texas








FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
73 (relating to the fraudulent filing of a financing statement;
providing a penalty) this office has determined the following:

No fiscal implication to the State or units of local government
is anticipated.
    

    







Source:   LBB Staff: JK, SM, RR