LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 2, 1997
         
         
      TO: Honorable Bill Ratliff, Chair            IN RE:  Senate Bill No. 696
          Committee on Finance                              By: Ellis
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB696 ( Relating 
to the issuance of bonds under the Higher Education Authority 
Act.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB696-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   781   Higher Education Coordinating Board
                                         352   Bond Review Board
                                         
                      LBB Staff:   JK ,RR ,LD