LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  May 29, 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 HB2981 ( Relating 
to notice to a payee of a change in the payor of oil and gas 
proceeds.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB2981-Conference Committee Report
         

No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   455   Railroad Commission
                                         
                      LBB Staff:   JK ,BB