LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 15, 2009 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2656 by Miller, Doug (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would change the selection process for certain members of the Teacher Retirement System (TRS) Board of Trustees. TRS assumes that any costs to implement the provisions of the bill could be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:323 Teacher Retirement System LBB Staff: JOB, KJG, JRO, JGM, JW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 15, 2009
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2656 by Miller, Doug (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Engrossed
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2656 by Miller, Doug (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Engrossed
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2656 by Miller, Doug (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Engrossed
HB2656 by Miller, Doug (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would change the selection process for certain members of the Teacher Retirement System (TRS) Board of Trustees. TRS assumes that any costs to implement the provisions of the bill could be absorbed within existing resources.
The bill would change the selection process for certain members of the Teacher Retirement System (TRS) Board of Trustees. TRS assumes that any costs to implement the provisions of the bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 323 Teacher Retirement System
323 Teacher Retirement System
LBB Staff: JOB, KJG, JRO, JGM, JW
JOB, KJG, JRO, JGM, JW