LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                            February 11, 1999
  
  
          TO:  Honorable David Sibley, Chair, Senate Committee on
               Economic Development
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB85  by Carona (Relating to letters of credit), As
               Introduced
  
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*  No 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:   450   Savings And Loan Dept, 451   Dept Of Banking
LBB Staff:         JK, TH