LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 21, 1997 TO: Honorable Kenny Marchant, Chair IN RE: Senate Bill No. 1162, As Engrossed Committee on Financial Institutions By: Carona House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1162 ( Relating to the warranties on the transfer or presentment of demand drafts.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1162-As Engrossed No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,TH