LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 23, 1997 TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 1416 Committee on Finance By: Ellis Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1416 ( Relating to deposit of public funds in banks or savings associations.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1416-As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 347 Texas Public Finance Authority 304 Comptroller of Public Accounts LBB Staff: JK ,RR ,RN