LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 16, 1997
         
         
      TO: Honorable Bill Ratliff, Chair            IN RE:  Senate Bill No. 1497
          Committee on Finance                              By: Brown
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB1497 ( Relating 
to the special account to fund the Texas Real Estate Research 
Center.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB1497-As Introduced
         
No significant fiscal implication to the State is anticipated.
         

         
 
The bill would amend the Real Estate License Act to rededicate 
certain fees collected for the Texas Real Estate Research Center, 
and exempt the fee revenue from Section 403.095 of the Government 
Code which makes dedicated revenue in excess of appropriations 
available for general governmental purposes.
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   710   Texas A&M University System
                                         304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,RR ,DB