LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 14, 2001
  
  
          TO:  Honorable Royce West, Chair, Senate Committee on
               Jurisprudence
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB1407  by Madla (Relating to sale of livestock by a
               personal representative of a decedent's estate.), As
               Introduced
  
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*  No fiscal implication to the State is anticipated.                    *
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The bill would provide that a bonded livestock commission merchant shall
be paid his usual and customary charges for the sale of livestock by a
personal representative of a decedent's estate even if the charges
exceed three per cent of the sale price.
  
Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, TB, SS