LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 3, 1995 TO: Honorable Barry Telford, Chair IN RE: Senate BillNo. 864, Committee on Pensions & Investments as engrossed House of Representatives By: Barrientos Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 864 (relating to participation in and benefits and administration of 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, RR