LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 2, 1997 TO: Honorable Barry Telford, Chair IN RE: Senate Bill No. 325, Committee Report 2nd House, as amended Committee on Pensions and Investments By: Armbrister House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB325 ( Relating to investments by the boards of trustees of local retirement systems for firefighters.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB325-Committee Report 2nd House, as amended 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