LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  February 7, 1997
         
         
      TO: Honorable Kenny Marchant, Chair            IN RE:  House Bill No. 799
          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 the issuance 
of short-term obligations by certain counties.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB799-As Introduced
         
             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 ,TL