LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              April 4, 2001
  
  
          TO:  Honorable Dale B. Tillery, Chair, House Committee on
               Pensions & Investments
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB3147  by Smith (Relating to allowing certain retirees
               of the Teacher Retirement System of Texas to be employed
               as classroom teachers without losing retirement
               benefits.), As Introduced
  
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*  No significant 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:   323   Teacher Retirement System, 701   Texas
                   Education Agency
LBB Staff:         JK, CT, SC