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