LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 21, 1997 TO: Honorable Barry Telford, Chair IN RE: House Bill No. 2936, Committee Report 1st House, Substituted Committee on Pensions and Investments By: Williams House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB2936 ( Relating to allocation of principal and income in certain trusts.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB2936-Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: PE