LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  May 16, 1997
         
         
      TO: Honorable Tom Craddick, Chair            IN RE:  Senate Bill No. 1407, Committee Report 2nd House, Substituted
          Committee on Ways & Means                              By: Lucio
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB1407 ( Amending 
section 201.507 of the State Taxation Code, and relating to 
temporary exemptions of certain high cost gas) this office has 
detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB1407-Committee Report 2nd House, Substituted
         
No 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