LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 19, 1995



 TO:     Honorable John T. Montford, Chair      IN RE:  Senate Joint
         Committee on Finance                   Resolution
         Senate                                                No. 51
         Austin, Texas                                  By: Montford








FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Joint
Resolution No. 51 (Proposing a constitutional amendment
consolidating general obligation bonding authority for certain
agricultural funds.) this office has determined the following:

The bill would propose a constitutional amendment to consolidate
general obligation bonding authority within the Department of
Agriculture for the farm and ranch finance program fund, the
Texas agricultural fund, and the rural microenterprise
development fund. 

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