LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 20, 1995



 TO:     Honorable Rodney Ellis, Chair          IN RE: Committee Substitute
         Committee on Intergovernmental         for
         Relations                                             Senate Bill
         Senate                                 No. 631
         Austin, Texas









FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
631 (Relating to the duties 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