LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 17, 1997
         
         
      TO: Honorable Rene Oliveira, Chair            IN RE:  House Bill No. 1414
          Committee on Economic Development                              By: Van de Putte
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB1414 ( Relating 
to the creation, powers, and duties of the Community Reinvestment 
work group.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB1414-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         454   Department of Insurance
                                         451   Department of Banking
                                         465   Department of Commerce
                                         332   Department of Housing and Community Affairs
                                         
                      LBB Staff:   JK ,TH