LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 1, 2003

TO:	Honorable Bill Ratliff, Chair, Senate Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2359 by Ritter (Relating to the programs and systems administered by the Employees Retirement System of Texas.), As Engrossed

No significant fiscal implication to the State is anticipated.

This bill, which proposes benefit changes to the Law Enforcement and Custodial Officers (LECOS) Supplemental Retirement Fund, the Judicial Retirement System - Plan II, and the Employees Retirement System, will not effect many members of these retirement programs, and therefore, if adopted would have no significant fiscal impact.  

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	304 Comptroller of Public Accounts, 327 Employees Retirement System
LBB Staff:	JK, RR, ZS