LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                              April 21, 1999
  
  
          TO:  Honorable Rene Oliveira, Chair, House Committee on Ways &
               Means
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB3422 by Davis, Yvonne (relating to the sharing of
               revenue among a municipality and other municipalities
               that jointly operate an airport in the territory of the
               municipality), As Introduced
  
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*  No significant fiscal implication to the State is anticipated.        *
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Local Government Impact
  
The bill could result in a reduction in revenue to a joint board of an
airport, if the constituent municipalities agree to transfer a portion
of the board's revenue.  This would result in a corresponding increase
in revenue to the municipality to which the revenue would be
transferred.  The amount of revenue transferred would depend on the
terms agreed to by the constituent agencies of a joint board of an
airport as authorized by the bill.  Revenues received by a municipality
as a result of the bill would be used for public improvements or to
repay debt.
  
  
Source Agencies:   
LBB Staff:         JK, BB, TL