LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session February 2, 1995 TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 399 Committee on Education By: Ellis Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 399 (Relating to qualifications of the executive director of the Teacher Retirement System of Texas.) this office has determined the following: No fiscal implication to the State or units of local government is anticipated. Source: LBB Staff: JK, DF