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