LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 10, 1997 TO: Honorable Tom Craddick, Chair IN RE: Senate Bill No. 861, As Engrossed Committee on Ways & Means By: Armbrister House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB861 ( relating to the administration of franchise taxes; imposing penalties) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB861-As Engrossed No significant fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,RR ,CT