LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                             February 8, 1999
  
  
          TO:  Honorable Florence Shapiro, Chair, Senate Committee on
               State Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SJR12  by Carona (Proposing a constitutional amendment
               relating to the making of advances under and payment of a
               reverse mortgage.), As Introduced
  
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*  No significant fiscal implication to the State is anticipated,        *
*  other than the cost of publication.                                   *
*                                                                        *
*  The cost to the state for publication of the resolution is $76,352.   *
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Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   466   Consumer Credit Commission
LBB Staff:         JK, SD, DP