LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 10, 2019

TO:	Honorable Jim Murphy, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB877 by Oliverson (Relating to the actuarial valuations of certain public retirement systems.), As Introduced

No fiscal implication to the State is anticipated.

It is assumed that the provisions of the bill relating to reporting requirements to the Pension Review Board would not have a fiscal impact.

Local Government Impact

The Texas Association of Counties does not anticipate a fiscal impact to counties.

The Texas Municipal League does not anticipate a significant fiscal impact to cities.

Source Agencies:

338 Pension Review Board

LBB Staff:

WP, CMa, NV, KFB, AF