Bill Text: TX HB3715 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to assignment of certain death benefits payable by the Employees Retirement System of Texas.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-19 - Referred to Pensions, Investments & Financial Services [HB3715 Detail]
Download: Texas-2019-HB3715-Introduced.html
86R13138 KFF-D | ||
By: Flynn | H.B. No. 3715 |
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relating to assignment of certain death benefits payable by the | ||
Employees Retirement System of Texas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter E, Chapter 814, Government Code, is | ||
amended by adding Section 814.404 to read as follows: | ||
Sec. 814.404. ASSIGNMENT OF DEATH BENEFIT FOR FUNERAL | ||
SERVICES. (a) A beneficiary to whom a benefit is payable under | ||
this subchapter may by assignment provide that part or all of the | ||
benefit be paid in consideration for services provided in | ||
connection with the death of the member directly to a funeral | ||
director or funeral establishment licensed under: | ||
(1) Chapter 651, Occupations Code; or | ||
(2) the comparable law of another state. | ||
(b) The board of trustees by rule may establish requirements | ||
for forms, documentation, and procedures necessary for an effective | ||
assignment under this section. | ||
SECTION 2. Subchapter F, Chapter 814, Government Code, is | ||
amended by adding Section 814.504 to read as follows: | ||
Sec. 814.504. ASSIGNMENT OF DEATH BENEFIT FOR FUNERAL | ||
SERVICES. (a) A beneficiary to whom a benefit is payable under | ||
this subchapter may by assignment provide that part or all of the | ||
benefit be paid in consideration for services provided in | ||
connection with the death of the retiree directly to a funeral | ||
director or funeral establishment licensed under: | ||
(1) Chapter 651, Occupations Code; or | ||
(2) the comparable law of another state. | ||
(b) The board of trustees by rule may establish requirements | ||
for forms, documentation, and procedures necessary for an effective | ||
assignment under this section. | ||
SECTION 3. (a) As soon as practicable after the effective | ||
date of this Act, but not later than January 1, 2020, the board of | ||
trustees of the Employees Retirement System of Texas shall adopt | ||
rules to implement Sections 814.404 and 814.504, Government Code, | ||
as added by this Act. | ||
(b) The change in law made by this Act by the enactment of | ||
Sections 814.404 and 814.504, Government Code, applies only to a | ||
benefit that is payable on or after January 1, 2020. A benefit that | ||
is payable before that date is governed by the law in effect | ||
immediately before January 1, 2020, and the former law is continued | ||
in effect for that purpose. | ||
SECTION 4. (a) Except as provided by Subsection (b) of | ||
this section, this Act takes effect September 1, 2019. | ||
(b) Sections 814.404 and 814.504, Government Code, as added | ||
by this Act, take effect January 1, 2020. |