LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 10, 1997
         
         
      TO: Honorable Barry Telford, Chair            IN RE:  House Bill No. 1502, Committee Report 1st House, as amended
          Committee on Pensions and Investments                              By: Yarbrough
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB1502 ( Relating 
to eligibility for, and payment of, benefits by certain public 
retirement systems for municipal employees.) this office has 
detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB1502-Committee Report 1st House, as amended
         
No fiscal implication to the State is anticipated.  Because 
the bill would not have statewide impact on units of local government 
of the same type or class, no comment from this office is required 
by the rules of the House as to its probable fiscal implication 
on units of local government. 
         

         
 
          
   Source:            Agencies:   
                                         
                      LBB Staff:   JK ,PE ,TL