LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 2, 1997 TO: Honorable Carlos F. Truan, Chair IN RE: Senate Joint Resolution No. 39 Committee on International Relations, Trade & Technology By: Ellis Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SJR39 ( Proposing a constitutional amendment allowing the Texas growth fund to continue to invest in businesses without requiring those businesses to disclose investments in South Africa or Namibia.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SJR39-As Introduced No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $71,000. The fiscal impact on local government would be the normal cost of conducting local elections but no other fiscal implications to local governments are anticipated. Source: Agencies: LBB Staff: JK ,TH