LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 7, 2001
  
  
          TO:  Honorable Kip Averitt, Chair, House Committee on
               Financial Institutions
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HJR4  by Wolens (Proposing a constitutional amendment
               correcting technical errors in home equity lien
               provisions of the Texas Constitution and clarifying a
               lender's ability to cure certain violations of the home
               equity lien provisions.), As Introduced
  
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*  No fiscal implication to the State is anticipated, other than the     *
*  cost of publication.                                                  *
*                                                                        *
*  The cost to the state for publication of the resolution is $80,000.   *
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Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   329   Texas Real Estate Commission, 449   Finance
                   Commission of Texas
LBB Staff:         JK, JO, KM