LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 5, 1997 TO: Honorable Barry Telford, Chair IN RE: House Bill No. 1429, Committee Report 1st House, Substituted Committee on Pensions and Investments By: Stiles House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1429 ( Relating to the standards of conduct for former directors, officers, and employees of a nonprofit corporation under contract to invest the permanent university fund or certain other university.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1429-Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,PE