LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 18, 1997
         
         
      TO: Honorable Bob Hunter, Chair            IN RE:  House Bill No. 2892
          Committee on State, Federal & International Relations                              By: Janek
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB2892 ( Relating 
to historic structures, including the restoration and preservation 
of historic structures by a municipality.) this office has detemined 
the following:
         
         Biennial Net Impact to General Revenue Funds by HB2892-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
          
This bill would allow a municipality to issue certificates of 
obligations to restore designated historic structures.  Any 
fiscal implication of this bill to a municipality would be positive, 
since it would offer a new financing option. 
          
   Source:            Agencies:   
                                         
                      LBB Staff:   JK ,TH ,TL