LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 9, 1995



 TO:     Honorable Barry Telford, Chair         IN RE:  House Bill No. 2943
         Committee on Pensions & Investments            By: Greenberg
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
2943 (relating to public retirement systems for employees of
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, RR