LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                           May 1, 1995



 TO:     Honorable Kenny Marchant, Chair        IN RE:  Senate Joint
         Committee on Financial Institutions    Resolution
         House of Representatives                              No. 46, as
         Austin, Texas                          engrossed
                                                        By:  Harris, Chris









FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Joint
Resolution No. 46 (proposing a constitutional amendment
permitting an encumbrance to be fixed on homestead property for
an owelty of partition and the refinance of a lien against a
homestead) this office has determined the following:

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:   LBB Staff: JK, RR