LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 12, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE:  House Bill No. 1564
         Committee on Financial Institutions            By: Chisum
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
1564 (relating to the attorney general's review of bonds issued
by political subdivisions of this state) this office has
determined the following:




No fiscal implication to the State is anticipated.

The fiscal implication to units of local government cannot be
determined.


Source:   Office of the Attorney General
          LBB Staff: JK, JC, RR