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