LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 8, 1997
         
         
      TO: Honorable Kenneth Armbrister, Chair            IN RE:  House Bill No. 799, As Engrossed
          Committee on State Affairs                              By: Elkins
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB799 ( relating 
to short-term obligations issued by certain counties.) this 
office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB799-As Engrossed
         
No fiscal implication to the State is anticipated.
         
This bill would expand the type of projects in which Harris 
County is considered the "issuer" of short-term debt.

Because 
the bill would not have statewide impact on units of local government 
of the same type or class, no comment from this office is required 
by the rules of the House as to its probable fiscal implication 
on units of local government. 

         
 
          
   Source:            Agencies:   
                                         
                      LBB Staff:   JK ,JD ,TH