Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2796 by Strama (Relating to participation in, contributions to, and the benefits and administration of retirement systems for police officers in certain municipalities. ), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
Article 6243n-1, Vernon's Texas Civil Statutes, applies only to police officers in the City of Austin.
Local Government Impact
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.