LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                        February 17, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE:  House Bill No. 73
         Committee on Financial Institutions            By:  Delisi
         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, JC, RR