LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 23, 2013 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB952 by Gonzales, Larry (Relating to assignment of certain death benefits payable by the Employees Retirement System of Texas.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Government Code to allow a beneficiary of a member of the Employees Retirement System to assign certain death benefits to be paid directly to a funeral director or funeral establishment for funeral services. The bill would take effect on September 1, 2013, and would apply only to a benefit that is payable on or after January 1, 2014. The Employees Retirement System anticipates any additional costs to implement the bill could be absorbed with existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:327 Employees Retirement System LBB Staff: UP, AG, RB, EP, EMo, PFe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 23, 2013
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB952 by Gonzales, Larry (Relating to assignment of certain death benefits payable by the Employees Retirement System of Texas.), As Engrossed
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB952 by Gonzales, Larry (Relating to assignment of certain death benefits payable by the Employees Retirement System of Texas.), As Engrossed
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB952 by Gonzales, Larry (Relating to assignment of certain death benefits payable by the Employees Retirement System of Texas.), As Engrossed
HB952 by Gonzales, Larry (Relating to assignment of certain death benefits payable by the Employees 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 amend the Government Code to allow a beneficiary of a member of the Employees Retirement System to assign certain death benefits to be paid directly to a funeral director or funeral establishment for funeral services. The bill would take effect on September 1, 2013, and would apply only to a benefit that is payable on or after January 1, 2014. The Employees Retirement System anticipates any additional costs to implement the bill could be absorbed with existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 327 Employees Retirement System
327 Employees Retirement System
LBB Staff: UP, AG, RB, EP, EMo, PFe
UP, AG, RB, EP, EMo, PFe