LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
May 1, 1997
TO: Honorable Eddie Lucio, Jr., Chair IN RE: House Bill No. 337, Committee Report 2nd House, Substituted
Committee on Intergovernmental Relations By: Telford
Senate
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-Committee Report 2nd House, Substituted
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