LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session Revision 1 April 26, 1999 TO: Honorable Kip Averitt, Chair, House Committee on Financial Institutions FROM: John Keel, Director, Legislative Budget Board IN RE: SB1555 by Fraser (Relating to administration of bond and other programs by the Veterans' Land Board.), As Introduced ************************************************************************** * The bill would amend provisions that could result in potential * * savings, for certain Veterans' Land Board revenue bond issues, of * * about $2 million over the 30 year life of each bond issue; * * however, no significant fiscal implication to the State is * * anticipated in the 2000-01 biennium. * ************************************************************************** Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 305 General Land Office and Veterans' Land Board LBB Staff: JK, TH, DE