LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 8, 2021 TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB620 by Lucio (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Government Code to permit one of the three elected members on the board of the Employees Retirement System (ERS) to be a retiree. The bill would have no fiscal impact on ERS. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 327 Employees Retirement System LBB Staff: b > td > JMc, KK, LCO, JPO, AAL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 8, 2021
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB620 by Lucio (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced
TO: Honorable Jane Nelson, Chair, Senate Committee on Finance
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB620 by Lucio (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced
Honorable Jane Nelson, Chair, Senate Committee on Finance
Honorable Jane Nelson, Chair, Senate Committee on Finance
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB620 by Lucio (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced
SB620 by Lucio (Relating to the composition of the board of trustees of the Employees Retirement System of Texas.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Government Code to permit one of the three elected members on the board of the Employees Retirement System (ERS) to be a retiree. The bill would have no fiscal impact on ERS.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 327 Employees Retirement System
327 Employees Retirement System
LBB Staff: b > td > JMc, KK, LCO, JPO, AAL
JMc, KK, LCO, JPO, AAL