LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                                May 4, 1999
  
  
          TO:  Honorable Steven Wolens, Chair, House Committee on State
               Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB2692 by Counts (relating to universal service revenue
               recovery and affiliated activities of local exchange
               telephone companies), Committee Report 1st House,
               Substituted
  
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*  No significant fiscal implication to the State is anticipated.        *
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Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   473   Public Utility Commission of Texas, 475
                   Office of Public Utility Counsel, 304   Comptroller
                   of Public Accounts
LBB Staff:         JK, BB, CB