LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 31, 1997 TO: Honorable Kenneth Armbrister, Chair IN RE: Senate Bill No. 1386 Committee on State Affairs By: Haywood Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1386 ( Relating to title to materials and equipment in the state library system.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1386-As Introduced No fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. The bill could possibly result in a very small savings to local governments because they would no longer be required to report, track, and inventory materials and equipment costing between $300 to $1,000. Source: Agencies: 306 Library and Archives Commission LBB Staff: JK ,JD ,JA