LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                                May 6, 1999
  
  
          TO:  Honorable Bill Ratliff, Chair, Senate Committee on Finance
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB1879 by Averitt (relating to the procedure for the
               pricing and sale of bonds and for the negotiation of
               contracts related to the issuance of obligations by the
               Texas Public Finance Authority, the use of bond
               proceeds, and the maximum amount of outstanding bonds),
               As Engrossed
  
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*  No significant fiscal implication to the State is anticipated.        *
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Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   347   Texas Public Finance Authority
LBB Staff:         JK, BB, TH, ML