LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                           May 2, 1995



 TO:     Honorable Kim Brimer, Chair            IN RE:  Senate Bill No.
         Committee on Business & Industry       1617,
         House of Representatives                              as engrossed
         Austin, Texas                                  By: Harris, Chris









FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
1617 (relating to the Texas Real Estate Investment Trust Act)
this office has determined the following:

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

    







Source:   LBB Staff: JK, RR