LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 18, 1997
         
         
      TO: Honorable Kenneth Armbrister, Chair            IN RE:  Senate Bill No. 214, Committee Report 1st House, Substituted
          Committee on State Affairs                              By: Nixon, Drew
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB214 ( Relating 
to a voluntary, consensual encumbrance on a business homestead 
for the purpose of an equity loan.) this office has detemined 
the following:
         
         Biennial Net Impact to General Revenue Funds by SB214-Committee Report 1st House, Substituted
         
No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   449   Finance Commission of Texas
                                         451   Department of Banking
                                         450   Savings and Loan Department
                                         454   Department of Insurance
                                         304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,JD ,JA