LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 11, 1995



 TO:     Honorable Barry Telford, Chair         IN RE:  House Bill No. 2686
         Committee on Pensions & Investments            By: Turner,
         House of Representatives               Sylvester
         Austin, Texas







FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
2686 (relating to administration of and adoption of rules by
retirement systems for police officers in certain municipalities)
this office has determined the following:




No fiscal implication to the State or units of local government
is anticipated.


Source:
          LBB Staff: JK, RN, WM, RR