Bill Text: TX HB2608 | 2015-2016 | 84th Legislature | Introduced
Bill Title: Relating to municipal control of certain public retirement systems established for the benefit of municipal employees.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2015-04-20 - Left pending in committee [HB2608 Detail]
Download: Texas-2015-HB2608-Introduced.html
| 84R10602 SGA-F | ||
| By: Murphy | H.B. No. 2608 | |
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| relating to municipal control of certain public retirement systems | ||
| established for the benefit of municipal employees. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Chapter 810, Government Code, is amended by | ||
| adding Section 810.004 to read as follows: | ||
| Sec. 810.004. MUNICIPAL CONTROL OF RETIREMENT SYSTEM | ||
| PROVISIONS. (a) In this section, "public retirement system" has | ||
| the meaning assigned by Section 802.001. | ||
| (b) Except as provided by Sections 66 and 67, Article XVI, | ||
| Texas Constitution, and notwithstanding any other law, a | ||
| municipality that is the sponsoring authority of a public | ||
| retirement system that was created under a state statute, but is not | ||
| a part of a statewide retirement system, may adopt by ordinance or | ||
| resolution, as applicable, provisions that supplement or supersede | ||
| the operative provisions of the public retirement system's statute, | ||
| including any provision relating to the benefits, participation and | ||
| eligibility requirements, funding source or amount, and | ||
| administration of the system. | ||
| (c) To the extent of a conflict between a statute adopted | ||
| before the effective date of the Act enacting this section that | ||
| applies to a public retirement system described by Subsection (b) | ||
| and a municipal ordinance or resolution adopted by the governing | ||
| body of the sponsoring municipality of that retirement system under | ||
| this section, the municipal ordinance or resolution prevails. | ||
| 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, 2015. | ||
