Bill Text: TX HB3213 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to the composition of the board of trustees of the Employees Retirement System of Texas.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2013-04-08 - Left pending in committee [HB3213 Detail]
Download: Texas-2013-HB3213-Introduced.html
83R7848 KFF-D | ||
By: Strama | H.B. No. 3213 |
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relating to the composition of the board of trustees of the | ||
Employees Retirement System of Texas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 815.001, Government Code, is amended to | ||
read as follows: | ||
Sec. 815.001. COMPOSITION OF BOARD OF TRUSTEES. The board | ||
of trustees is composed of seven [ |
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SECTION 2. Section 815.003, Government Code, is amended by | ||
amending Subsections (a) through (d) and adding Subsection (b-1) to | ||
read as follows: | ||
(a) Four [ |
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nominated and elected by members of the retirement system and | ||
retirees under rules adopted by the board. | ||
(b) Three elected members [ |
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of the retirement system and must hold positions [ |
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(1) are [ |
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membership; and | ||
(2) are [ |
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which another trustee holds a position. | ||
(b-1) One elected member must be a retiree. | ||
(c) Elected trustees hold office for staggered terms of six | ||
years, with the term of one or two trustees, as appropriate, | ||
[ |
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(d) The board shall hold elections for the members and | ||
retirees to nominate and elect the appropriate number of trustees | ||
[ |
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shall make ballots available to members of the retirement system | ||
and retirees and all votes must be cast on those ballots. | ||
SECTION 3. Notwithstanding Section 815.003(d), Government | ||
Code, as it existed on January 1, 2013, the board of trustees of the | ||
Employees Retirement System of Texas shall postpone, if necessary, | ||
the normal 2013 election of a member to serve on the board. The | ||
board of trustees shall hold an election as soon as possible after | ||
the effective date of this Act to elect: | ||
(1) a retiree of the Employees Retirement System of | ||
Texas as required by Section 815.003(b-1), Government Code, as | ||
added by this Act; and | ||
(2) a member to fill the elected position expiring | ||
August 31, 2013. | ||
SECTION 4. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2013. |