LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                           May 15, 1995



 TO:     Honorable Fred Hill, Chair             IN RE:  Senate BillNo. 631,
         Committee on Urban Affairs                            as engrossed
         House of Representatives                       By: Ellis
         Austin, Texas








FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
631 (Relating to the duties and assets of housing finance
corporations.) this office has determined the following:

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

    







Source:   LBB Staff: JK, RS, RR