LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 27, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE:  House Bill No. 2527
         Committee on Financial Institutions            By: Marchant
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
2527 (relating to the regulation of foreign credit unions) this
office has determined the following:




No fiscal implication to the State or units of local government
is anticipated.


Source:   Department of Banking
          LBB Staff: JK, VS, RR