LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 20, 1997 TO: Honorable Ron Wilson, Chair IN RE: Senate Bill No. 577, As Engrossed Committee on Licensing & Administrative Procedures By: Haywood House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB577 ( relating to licensing and registration requirements under The Real Estate License Act; providing a penalty.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB577-As Engrossed No significant 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 ,TH ,JD ,CG