LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session February 24, 2001 TO: Honorable Kip Averitt, Chair, House Committee on Financial Institutions FROM: John Keel, Director, Legislative Budget Board IN RE: HJR9 by Averitt (Proposing a constitutional amendment to remove the prohibition against perpetual trusts.), As Introduced ************************************************************************** * 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. * ************************************************************************** Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, JO