LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 9, 1997 TO: Honorable Barry Telford, Chair IN RE: House Bill No. 2799, Committee Report 1st House, Substituted Committee on Pensions and Investments By: Marchant House 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-Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,PE ,SC