LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                           May 8, 1995



 TO:     Honorable Robert Junell, Chair, Chair  IN RE: Committee Substitute
         Committee on Appropriations            for
         House of Representatives                              House Bill
         Austin, Texas                          No. 982
                                                        By: McDonald








FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
982 (Relating to the children's trust fund and the Children's
Trust Fund of Texas Council operating fund.) this office has
determined the following:

The bill would change the limit on the amount of revenue that
could be transferred from the Children's Trust  Fund to the
Children's Trust Fund of Texas Council Operating Account each
fiscal year. Under current law, the Children's Trust Fund Council
may not transfer more than 50 percent of the beginning balance
from the trust fund to the operating fund each fiscal year. 
Under the proposed legislation, the council could transfer to the
operating fund the amount deposited to the trust fund in the
previous fiscal year.

The bill would also modify the cap on council operating expenses.


Because the council would have discretion over the amounts
transferred between the trust and operating funds within the
limits set out in the bill, the fiscal implications to the State
cannot be determined.

No fiscal implication to units of local government is
anticipated.    







 Source:
          LBB Staff: JK, RS, DF