LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 18, 2011 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3633 by Legler (Relating to participation in retirement programs by certain employees.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend Government Code by adding Section 418.041(b-1), which would allow the Chief of the Texas Division of Emergency Management, which is a division of the Department of Public Safety, to be eligible to participate in the Proportionate Retirement Program (PRP) under Chapter 803 of Government Code, regardless of which public retirement system that person had prior service established in and regardless of whether that retirement system participates in the PRP. Implementation of the legislation is not expected to have a significant fiscal impact due to the fact that it only impacts one position. The bill would take effect September 1, 2011, or immediately with two-thirds vote of all members of the Legislature. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:325 Fire Fighters' Pension Commissioner, 405 Department of Public Safety LBB Staff: JOB, AG, MS, DEH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 18, 2011
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3633 by Legler (Relating to participation in retirement programs by certain employees.), 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: HB3633 by Legler (Relating to participation in retirement programs by certain employees.), 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
HB3633 by Legler (Relating to participation in retirement programs by certain employees.), As Introduced
HB3633 by Legler (Relating to participation in retirement programs by certain employees.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Government Code by adding Section 418.041(b-1), which would allow the Chief of the Texas Division of Emergency Management, which is a division of the Department of Public Safety, to be eligible to participate in the Proportionate Retirement Program (PRP) under Chapter 803 of Government Code, regardless of which public retirement system that person had prior service established in and regardless of whether that retirement system participates in the PRP. Implementation of the legislation is not expected to have a significant fiscal impact due to the fact that it only impacts one position. The bill would take effect September 1, 2011, or immediately with two-thirds vote of all members of the Legislature.
The bill would amend Government Code by adding Section 418.041(b-1), which would allow the Chief of the Texas Division of Emergency Management, which is a division of the Department of Public Safety, to be eligible to participate in the Proportionate Retirement Program (PRP) under Chapter 803 of Government Code, regardless of which public retirement system that person had prior service established in and regardless of whether that retirement system participates in the PRP.
Implementation of the legislation is not expected to have a significant fiscal impact due to the fact that it only impacts one position. The bill would take effect September 1, 2011, or immediately with two-thirds vote of all members of the Legislature.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 325 Fire Fighters' Pension Commissioner, 405 Department of Public Safety
325 Fire Fighters' Pension Commissioner, 405 Department of Public Safety
LBB Staff: JOB, AG, MS, DEH
JOB, AG, MS, DEH