LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session March 29, 1995 TO: Honorable Kenny Marchant, Chair IN RE: Committee Substitute Committee on Financial Institutions for House House of Representatives Bill No. 2388 Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 2388 (relating to the authority of municipalities to secure obligations with the revenues from impact fees and permitting municipalities to pledge impact fees as security for obligations) 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, DF