LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 7, 2009 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4032 by McCall (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:323 Teacher Retirement System LBB Staff: JOB, JRO, JGM, JW LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 7, 2009 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4032 by McCall (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Introduced TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB4032 by McCall (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Introduced Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB4032 by McCall (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Introduced HB4032 by McCall (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. 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, JRO, JGM, JW JOB, JRO, JGM, JW