LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session May 6, 1999 TO: Honorable Sherri Greenberg, Chair, House Committee on Pensions & Investments FROM: John Keel, Director, Legislative Budget Board IN RE: SB1664 by Shapleigh (Relating to the application of the proportionate retirement program to certain public retirement systems under which employees may be transferred), Committee Report 2nd House, Substituted ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 327 Employees Retirement System, 323 Teacher Retirement System LBB Staff: JK, PE, SD, WM