LEGISLATIVE BUDGET BOARD

                              Austin, Texas

                    FISCAL NOTE, 77th Regular Session

                                May 9, 2001

          TO:  Honorable J.E. "Buster" Brown, Chair, Senate Committee on

               Natural Resources

        FROM:  John Keel, Director, Legislative Budget Board

       IN RE:  HB3329  by Averitt (Relating to tax-exempt private

               activity bonds.), Committee Report 2nd House, as amended

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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:   352   Texas Bond Review Board, 551   Texas Department

                   of Agriculture

LBB Staff:         JK, CL, JO, MF