LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

May 3, 2011

TO:	Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB2120 by Miller, Doug (Relating to the composition of the board of trustees of the Teacher Retirement System of Texas.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would change the selection process for certain members of the Teacher Retirement System (TRS) Board of Trustees.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

323 Teacher Retirement System

LBB Staff:

JOB, AG, JGM, JW