LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 29, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE:  Committee
         Committee on Financial Institutions    Substitute for
         House of Representatives                               House Bill
         Austin, Texas                          No. 1947










FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
1947 (Relating to the amount of debt a local government may
incur.) 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:   LBB Staff: JK, RS, RR