LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION

March 20, 2015

TO:	Honorable Dan Flynn, Chair, House Committee on Pensions
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB1707 by Stephenson (Relating to the methods by which a political subdivision may submit contributions to the Texas Emergency Services Retirement System.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Government Code to permit the Texas Emergency Services Retirement System  to accept contributions by alternative methods such as wire transfer or automated clearinghouse withdrawal.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

326 Texas Emergency Services Retirement System

LBB Staff:

UP, AG, SD, EK, KFa