LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 20, 2001
  
  
          TO:  Honorable Bill G. Carter, Chair, House Committee on Urban
               Affairs
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB3197  by Jones, Elizabeth (Relating to the financing of
               certain housing and nonhousing facilities by a housing
               finance corporation.), As Introduced
  
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*  No fiscal implication to the State is anticipated.                    *
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Local Government Impact
  
The bill would add to the list of expenses for which a housing finance
corporation would be authorized to issue bonds to defray costs, in whole
or in part, any costs associated with the provision of decent, safe, and
sanitary housing and nonhousing facilities that are an integral part of
or are functionally related to an affordable housing project.

No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, DB