LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                            February 21, 2001
  
  
          TO:  Honorable Dale B. Tillery, Chair, House Committee on
               Pensions & Investments
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB1573  by Thompson (Relating to the establishment of a
               retirement system for officers and employees of certain
               municipalities and of the retirement system and the
               transfer of credit from one retirement system to the
               established system.), As Introduced
  
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*  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/Senate as to its probable fiscal            *
*  implication on units of local government.                             *
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Source Agencies:   
LBB Staff:         JK, RB, WM