LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 5, 1995



 TO:     Honorable Ken Armbrister, Chair        IN RE:  House Bill No. 731,
         Committee on State Affairs                            as engrossed
         Senate                                         By: Allen
         Austin, Texas








FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
731 (Relating to the investment of funds of a local government or
an institution of higher education) this office has determined
the following:

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

    







Source:   LBB Staff: JK, DF