LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                              April 15, 1999
  
  
          TO:  Honorable Sherri Greenberg, Chair, House Committee on
               Pensions & Investments
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB574  by Armbrister (Relating to participation and
               credit in, contributions to, and benefits and
               administration of the Texas Municipal Retirement
               System.), As Engrossed
  
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*  No fiscal implication to the State is anticipated.                    *
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Local Government Impact
  
No significant fiscal implication to units of local government is
anticipated.
  
  
Source Agencies:   MRS   Texas Municipal Retirement System*
LBB Staff:         JK, PE, TL, WM