LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 7, 2017 TO: Honorable Dan Flynn, Chair, House Committee on Pensions FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2414 by Fallon (Relating to the nonconfidential status of certain state pension information.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Government Code to prevent the Employees Retirement System of Texas from withholding as confidential the name and annuity amount of a current or former member of the Legislature who receives a service retirement annuity.The Employees Retirement System indicates that any additional workload under provisions of the bill could be absorbed within existing resources.The bill would take effect immediately if it receives a two-thirds vote from each house, as provided by Section 39, Article III, Texas Constitution. Otherwise it would take effect 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, KFa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 7, 2017
TO: Honorable Dan Flynn, Chair, House Committee on Pensions FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2414 by Fallon (Relating to the nonconfidential status of certain state pension information.), As Introduced
TO: Honorable Dan Flynn, Chair, House Committee on Pensions
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2414 by Fallon (Relating to the nonconfidential status of certain state pension information.), As Introduced
Honorable Dan Flynn, Chair, House Committee on Pensions
Honorable Dan Flynn, Chair, House Committee on Pensions
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2414 by Fallon (Relating to the nonconfidential status of certain state pension information.), As Introduced
HB2414 by Fallon (Relating to the nonconfidential status of certain state pension information.), As Introduced
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 prevent the Employees Retirement System of Texas from withholding as confidential the name and annuity amount of a current or former member of the Legislature who receives a service retirement annuity.The Employees Retirement System indicates that any additional workload under provisions of the bill could be absorbed within existing resources.The bill would take effect immediately if it receives a two-thirds vote from each house, as provided by Section 39, Article III, Texas Constitution. Otherwise it would take effect 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, KFa
UP, AG, NV, KFa