LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 13, 1997
         
         
      TO: Honorable Kenny Marchant, Chair            IN RE:  House Bill No. 1870
          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-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   451   Department of Banking
                                         449   Finance Commission of Texas
                                         307   Secretary of State
                                         
                      LBB Staff:   JK ,TH ,JA