LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 10, 2017 TO: Honorable Dan Flynn, Chair, House Committee on Pensions FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB265 by Hernandez (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced 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.The Employees Retirement System of Texas assumes any additional work associated with implementing the provisions of the bill could be absorbed 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
March 10, 2017
TO: Honorable Dan Flynn, Chair, House Committee on Pensions FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB265 by Hernandez (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced
TO: Honorable Dan Flynn, Chair, House Committee on Pensions
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB265 by Hernandez (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), 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
HB265 by Hernandez (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced
HB265 by Hernandez (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), 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 relating to the composition of the board of trustees of the Employees Retirement System of Texas.The Employees Retirement System of Texas assumes any additional work associated with implementing the provisions of the bill could be absorbed 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