LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 6, 2001
  
  
          TO:  Honorable David Counts, Chair, House Committee on Natural
               Resources
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB702  by Lewis, Ron (Relating to the administration and
               issuing of bonds and other instruments of indebtedness of
               Drainage Districts.), As Introduced
  
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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:   347   Texas Public Finance Authority, 352   Texas
                   Bond Review Board, 582   Texas Natural Resource
                   Conservation Commission, 304   Comptroller of Public
                   Accounts
LBB Staff:         JK, CL, TL