Supplement: TX HB3340 | 2023-2024 | 88th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB3340 please see the Bill Drafting List
Bill Title: Relating to the public retirement systems of certain municipalities.
Status: 2023-05-11 - Referred to Finance [HB3340 Detail]
Download: Texas-2023-HB3340-Fiscal_Note_Introduced_.html
Bill Title: Relating to the public retirement systems of certain municipalities.
Status: 2023-05-11 - Referred to Finance [HB3340 Detail]
Download: Texas-2023-HB3340-Fiscal_Note_Introduced_.html
| TO: |
Honorable Giovanni Capriglione, Chair, House Committee on Pensions, Investments & Financial Services |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB3340 by Metcalf (Relating to relief and retirement funds for firefighters and police officers in certain municipalities.), As Introduced |
No significant fiscal implication to the State is anticipated.
This bill would make changes to the governing statutes of the Houston Firefighters' Relief and Retirement Fund and the Houston Police Officer's Pension System. It is assumed any costs related to implementing the provisions of the bill could be absorbed using existing resources.
Local Government Impact
According to the Houston Firefighters' Relief and Retirement Fund, the changes made by implementing the provisions of the bill are not significant and would have no impact on the overall operations of the system.
| Source Agencies: |
| LBB Staff: | JMc, MOc, LCO, JPO |
