LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 5, 1997 TO: Honorable Barry Telford, Chair IN RE: House Bill No. 475, Committee Report 1st House, Substituted Committee on Pensions and Investments By: Craddick House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB475 ( Relating to the effect of certain types of divorce decrees on retirement benefits payable by the Teacher Retirement System of Texas.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB475-Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,PE ,SC