LEGISLATIVE BUDGET BOARD
Austin, Texas
 
ACTUARIAL IMPACT STATEMENT
 
79TH LEGISLATIVE REGULAR SESSION
Revision 1
 
March 7, 2005

TO:
Honorable Jim Keffer, Chair, House Committee on Ways & Means
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB3 by Keffer, Jim (Relating to property tax relief and protection of taxpayers, taxes and fees, and other matters relating to the financing of public schools; providing civil and criminal penalties. ), Committee Report 1st House, Substituted

HB 3 proposes changes primarily to the Tax Code. The bill, if enacted, would have no actuarial impact because it does not propose to change the funding or obligations of any retirement system.


Source Agencies:
LBB Staff:
JOB, WM