LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 15, 1997 TO: Honorable James E. "Pete" Laney IN RE: House Bill No. 337, As Passed 2nd House Speaker of the House Telford House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB337 ( Relating to participation in and benefits from a statewide retirement system for volunteer firefighters and other emergency services personnel.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB337-As Passed 2nd House No fiscal implication to the State is anticipated. The bill would expand eligibility to participate in the Statewide Volunteer Fire Fighters' Retirement plan to any local emergency services department employing volunteer and/or auxiliary paid emergency services personnel. The bill does not require a local department to participate. Any department choosing to join the plan must contribute a minimum of $12 per month per member ($144 per year per member). The department could also choose to purchase credit for prior service. The cost of the purchase would vary depending on the age and the number of years of prior service of each member. Source: Agencies: LBB Staff: JK ,TL ,PE ,SC