LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  May 15, 1997
         
         
      TO: Honorable Bob Bullock            IN RE:  Senate Bill No. 1906, As Passed 2nd House
          Lieutenant Governor                By:  Ratliff
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB1906 ( Relating 
to the administration of oil overcharge funds.) this office 
has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB1906-As Passed 2nd House
         

No significant fiscal implication to the State is anticipated.
         
FISCAL ANALYSIS

The bill would amend or repeal several sections 
in Chapter 2305 of the Government Code.  These changes relate 
to the administration of oil overcharge-related programs and 
funds.

The bill would require the state energy office to 
ensure that the minimum size of the Loanstar program be $95 
million, consisting of cash on hand and loan commitments. This 
provision would not have a significant impact on state funds 
because the Loanstar program receives funding from oil overcharge 
settlement allocations by the federal government, plus loan 
repayments.
         
 
          

No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   
                                         
                      LBB Staff:   JK ,BB ,RR ,RN