Bill Text: TX HB596 | 2019-2020 | 86th Legislature | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
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: (Engrossed - Dead) 2019-04-15 - Referred to State Affairs [HB596 Detail]

Download: Texas-2019-HB596-Introduced.html
  86R2595 KFF-D
 
  By: Hernandez H.B. No. 596
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  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 815.003, Government Code, is amended by
  amending Subsection (b) and adding Subsection (b-1) to read as
  follows:
         (b)  Two of the elected members [To be eligible to serve as an
  elected member] of the board[, a person] must be members [a member]
  of the retirement system and must hold positions [a position] that:
               (1)  are [is] included in the employee class of
  membership; and
               (2)  are [is] not with an agency or department with
  which another trustee holds a position.
         (b-1)  The third elected member of the board must:
               (1)  meet the requirements of Subsection (b); or
               (2)  be a retiree.
         SECTION 2.  The changes in law made by this Act apply only to
  an election of a member of the board of trustees of the Employees
  Retirement System of Texas that occurs on or after the effective
  date of this Act.
         SECTION 3.  This Act takes effect September 1, 2019.
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