LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 11, 2017 TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1014 by Alonzo (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the composition of the board of trustees of the Employees Retirement System of Texas.This analysis assumes any additional work associated with implementing the provisions of the bill could be absorbed by the Employees Retirement System of Texas using existing resources.The bill would take effect on September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:327 Employees Retirement System LBB Staff: UP, AG, NV, ASa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 11, 2017
TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1014 by Alonzo (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Engrossed
TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1014 by Alonzo (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Engrossed
Honorable Joan Huffman, Chair, Senate Committee on State Affairs
Honorable Joan Huffman, Chair, Senate Committee on State Affairs
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1014 by Alonzo (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Engrossed
HB1014 by Alonzo (Relating to the composition of the board of trustees of 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 relating to the composition of the board of trustees of the Employees Retirement System of Texas.This analysis assumes any additional work associated with implementing the provisions of the bill could be absorbed by the Employees Retirement System of Texas using existing resources.The bill would take effect on September 1, 2017.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 327 Employees Retirement System
327 Employees Retirement System
LBB Staff: UP, AG, NV, ASa
UP, AG, NV, ASa