FRANKLIN MUNICIPAL SECURITIES TRUST
497J, 2000-10-02
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                            FRANKLIN TEMPLETON GROUP
                          777 Mariners Island Boulevard
                               San Mateo, CA 94404


October 2, 2000


Filed Via EDGAR (CIK #0000881309)
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C.  20549

      RE:   Franklin Municipal Securities Trust  (Registrant)
            File Nos. (33-44132 and 811-6481)


Ladies/Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, this is to certify
that the forms of Prospectus and Statement of Additional Information that would
have been filed under Rule 497(c) do not differ from those contained in
Post-Effective Amendment No. 15 to the Registration Statement on Form N-1A,
which was filed electronically with the Securities and Exchange Commission on
September 28, 2000.

Sincerely yours,

Franklin Municipal Securities Trust


/s/David P. Goss
David P. Goss
Associate General Counsel


DPG:nk

cc:   Mark H. Plafker, Esq.




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