LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 26, 1997 TO: Honorable James E. "Pete" Laney IN RE: House Bill No. 2799, As Passed 2nd House Speaker of the House Marchant House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB2799 ( relating to investment practices of governmental entities) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB2799-As Passed 2nd House No significant fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,RR