Texas 2025 89th Regular

Texas House Bill HB245 Introduced / Fiscal Note

Filed 11/26/2024

Download
.pdf .doc .html
                    LEGISLATIVE BUDGET BOARD     Austin, Texas       FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION             April 11, 2025       TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: HB245 by Wilson (Relating to the treatment of military service credit in the Employees Retirement System of Texas as law enforcement or custodial officer service.), As Introduced     The fiscal implications of the bill cannot be determined due to the lack of data regarding how many members would be affected and how much additional military service would be purchased as a result of the provisions of the bill. The bill would amend the Government Code to allow certain military service to be creditable as law enforcement or custodial officer service for the Law Enforcement and Custodial Officer Supplemental Retirement Program (LECOS).  The fiscal impact of the bill cannot be determined because it is unknown how many members of LECOS would be affected and how much military service would be purchased under the provisions of the bill.    Local Government ImpactNo significant fiscal implication to units of local government is anticipated.  Source Agencies: b > td > 327 Employees Retirement System, 338 Pension Review Board  LBB Staff: b > td > JMc, FV, LCO, JPO, NV

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 11, 2025



TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: HB245 by Wilson (Relating to the treatment of military service credit in the Employees Retirement System of Texas as law enforcement or custodial officer service.), As Introduced

TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB245 by Wilson (Relating to the treatment of military service credit in the Employees Retirement System of Texas as law enforcement or custodial officer service.), As Introduced



Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services

Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services

Jerry McGinty, Director, Legislative Budget Board

Jerry McGinty, Director, Legislative Budget Board

HB245 by Wilson (Relating to the treatment of military service credit in the Employees Retirement System of Texas as law enforcement or custodial officer service.), As Introduced

HB245 by Wilson (Relating to the treatment of military service credit in the Employees Retirement System of Texas as law enforcement or custodial officer service.), As Introduced

The fiscal implications of the bill cannot be determined due to the lack of data regarding how many members would be affected and how much additional military service would be purchased as a result of the provisions of the bill.

The fiscal implications of the bill cannot be determined due to the lack of data regarding how many members would be affected and how much additional military service would be purchased as a result of the provisions of the bill.

The bill would amend the Government Code to allow certain military service to be creditable as law enforcement or custodial officer service for the Law Enforcement and Custodial Officer Supplemental Retirement Program (LECOS).  The fiscal impact of the bill cannot be determined because it is unknown how many members of LECOS would be affected and how much military service would be purchased under the provisions of the bill.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies: b > td > 327 Employees Retirement System, 338 Pension Review Board



327 Employees Retirement System, 338 Pension Review Board

LBB Staff: b > td > JMc, FV, LCO, JPO, NV



JMc, FV, LCO, JPO, NV