LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 5, 1997 TO: Honorable David Sibley, Chair IN RE: House Bill No. 1870, Committee Report 2nd House, Substituted Committee on Economic Development By: Marchant Senate 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 2nd 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