LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 5, 1997 TO: Honorable Kenny Marchant, Chair IN RE: House Bill No. 799, Committee Report 1st House Committee on Financial Institutions By: Elkins House 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 for public utilities.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB799-Committee Report 1st House FN Revision 1 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 ,TH