LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 18, 2023 TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2452 by Guillen (Relating to the effective date of retirement for certain members of the Teacher Retirement System of Texas.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 323 Teacher Retirement System LBB Staff: b > td > JMc, MOc, ASA, MMo LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 18, 2023 TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2452 by Guillen (Relating to the effective date of retirement for certain members of the Teacher Retirement System of Texas.), As Introduced TO: Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2452 by Guillen (Relating to the effective date of retirement for certain members of the Teacher Retirement System of Texas.), As Introduced Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB2452 by Guillen (Relating to the effective date of retirement for certain members of the Teacher Retirement System of Texas.), As Introduced HB2452 by Guillen (Relating to the effective date of retirement for certain members of the Teacher Retirement System of Texas.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 323 Teacher Retirement System 323 Teacher Retirement System LBB Staff: b > td > JMc, MOc, ASA, MMo JMc, MOc, ASA, MMo