LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 6, 1997
         
         
      TO: Honorable Bill Ratliff, Chair            IN RE:  Senate Bill No. 1906
          Committee on Finance                              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 Introduced
         
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 establish as legislative policy that 
the minimum size of the Loanstar program would 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.
          
LOCAL
No fiscal implication to units of local government is 
anticipated.
          
   Source:            Agencies:   301   Office of the Governor
                                         303   General Services Commission
                                         304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,RR ,RN