LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 3, 1995



 TO:     Honorable Pete Patterson, Chair        IN RE:  House Joint
         Committee on Agriculture & Livestock   Resolution
         House of Representatives                              No. 92
         Austin, Texas                                  By: Patterson,
                                                L.P."Pete"








FROM: John Keel, Director

In response to your request for a Fiscal Note on House Joint
Resolution No. 92 (Proposing a constitutional amendment relating
to the use of proceeds of bonds issued for financing of farm and
ranch land.) this office has determined the following:

The resolution proposes a constitutional amendment which, if
adopted, would expand the use of general obligation bond proceeds
previously authorized for the Farm and Ranch Finance program, to
include financial assistance for the expansion, development, and
diversification of other agricultural products and processes.

No fiscal implication to the State or units of local government
is anticipated, other than the cost of publication.

The cost to the State for publication of the resolution is
$90,000.





Source:   Department of Agriculture
          LBB Staff: JK, JH, DF