LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              April 5, 2001
  
  
          TO:  Honorable Tom Ramsay, Chair, House Committee on County
               Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB2628  by Wolens (Relating to the powers and rights of a
               cultural educational facilities finance corporation.),
               Committee Report 1st House, Substituted
  
**************************************************************************
*  No fiscal implication to the State is anticipated.                    *
**************************************************************************
  
The bill would allow the authority of a corporation to be exercised
outside of the limits of the city or county that created the corporation
without the consent of that city or county, unless the articles of
incorporation or bylaws of the corporation provided differently.
  
Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, DB