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