LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 31, 1997 TO: Honorable Bob Bullock Honorable James E. "Pete" Laney Lieutenant Governor Speaker of the House Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB2914 ( relating to the conveyance by the General Land Office of the state's interest in certain real property.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB2914-Conference Committee Report No significant fiscal implication to the State is anticipated. Enactment of the bill would result in a gain of $25,000 to the Permanent School Fund. The State would retain mineral rights and certain easement and right of way. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 305 General Land Office and Veterans' Land Board LBB Staff: JK ,BB ,NT