LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 1, 1997 TO: Honorable Kenny Marchant, Chair IN RE: House Bill No. 1870, Committee Report 1st House, Substituted Committee on Financial Institutions By: Marchant House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1870 ( Relating to the regulation of trust companies; providing administrative and criminal penalties.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1870-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 ,TH ,JA