Bill Text: TX HB3907 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to use of the electronic funds transfer system operated by the comptroller.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-04-17 - Left pending in committee [HB3907 Detail]
Download: Texas-2019-HB3907-Introduced.html
86R7013 BRG-F | ||
By: Moody | H.B. No. 3907 |
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relating to use of the electronic funds transfer system operated by | ||
the comptroller. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 403.016, Government Code, is amended by | ||
amending Subsections (b), (c), and (f) and adding Subsections (f-1) | ||
and (f-2) to read as follows: | ||
(b) The comptroller shall use the electronic funds transfer | ||
system to pay an employee's net state salary and travel expense | ||
reimbursements [ |
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(c) The comptroller shall use the electronic funds transfer | ||
system to make: | ||
(1) payments of more than $100 to annuitants by the | ||
Employees Retirement System of Texas, [ |
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System of Texas, or the Texas Emergency Services Retirement System | ||
under each [ |
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(2) recurring payments to municipalities, counties, | ||
political subdivisions, special districts, and other governmental | ||
entities of this state; and | ||
(3) payments to vendors who choose to receive payment | ||
through the electronic funds transfer system rather than by | ||
warrant. | ||
(f) [ |
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adopted by the comptroller, an automated clearinghouse, or the | ||
federal government, the comptroller may use the electronic funds | ||
transfer system to deposit payments only to one or more accounts of | ||
a payee at one or more financial institutions, including credit | ||
unions. | ||
(f-1) [ |
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funds transfer system to deposit the amount [ |
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employee's payroll deduction made as authorized by law [ |
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(f-2) [ |
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payments to multiple payees. Individual transfers or warrants are | ||
not required for each payee. | ||
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SECTION 2. 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, 2019. |