LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION

April 10, 2025

TO:	Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	HB4945 by Ashby (Relating to a study conducted by the Teacher Retirement System of Texas on the feasibility of offering alternative service retirement benefits to Texas A&M Forest Service wildland firefighters that are members of the retirement system.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that any costs associated with the bill could be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

323 Teacher Retirement System, 338 Pension Review Board, 576 Texas A&M Forest Service, 710 Texas A&M University System Administrative and General Offices

LBB Staff:

JMc, FV, SL, ENA