LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 28, 1997 TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 1416, Committee Report 1st House, Substituted 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 the deposit of certain public funds in certain financial institutions) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1416-Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to units of local government is anticipated. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,RR ,RN