LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  January 27, 1997
         
         
      TO: Honorable Kenneth Armbrister, Chair            IN RE:  Senate Bill No. 221
          Committee on State Affairs                              By: Sibley
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
         In response to your request for a Fiscal Note on SB221 ( Relating to the
suspension or revocation of a real estate license for failure to include a termination
date in certain real estate contracts.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB221-As Introduced
         
             No fiscal implication to the State is anticipated.
         
         
         
 
          
             No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   329   Real Estate Commission
                                         
                      LBB Staff:   JK ,JD ,CG