By: Hochberg H.B. No. 3688
A BILL TO BE ENTITLED
AN ACT
relating to the collection of contributions by the Teacher
Retirement System of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 825.407(a), Government Code, is amended
by adding Subdivision (4) to read as follows:
(4) "Public junior college" has the meaning assigned
by Section 61.003, Education Code.
SECTION 2. Sections 825.407(b), (c), (d), (e), and (f),
Government Code, are amended to read as follows:
(b) The governing board of each general academic teaching
institution, each public junior college or public junior college
district, and [the governing board of] each medical and dental unit
shall reimburse the state, from noneducational and general funds of
the institution, public junior college or public junior college
district, or unit, for state contributions that are made based on
any portion of a member's salary that is paid from the
noneducational and general funds.
(c) The designated disbursing officer of each general
academic teaching institution, public junior college, and [the
designated disbursing officer of each] medical and dental unit
shall:
(1) submit to the retirement system, at a time and in
the manner prescribed by the retirement system, a monthly report
containing a certification of the total amount of salary paid from
noneducational and general funds and the total amount of employer
contributions due under this section for the payroll period; and
(2) maintain and retain the following information:
(A) the name of each member employed by the
institution, public junior college, or unit who, for the most
recent payroll period, was paid wholly or partly from
noneducational and general funds;
(B) the amount of the employee's salary for the
most recent payroll period that was paid from noneducational and
general funds; and
(C) any other information the retirement system
determines is necessary to administer this section.
(d) A monthly report required under Subsection (c) shall be
accompanied by payment of the amount certified under Subdivision
(1) [(3)] of that subsection.
(e) After the end of each fiscal year, the retirement system
shall report to the comptroller of public accounts and the State
Auditor the name of any general academic teaching institution,
public junior college or public junior college district, or [and
any] medical and dental unit delinquent in the reimbursement of
contributions under this section for the preceding fiscal year and
the amount by which each reported institution, public junior
college or public junior college district, or unit is delinquent.
(f) Any portion of the reimbursement required under this
section to be made for a fiscal year by a general academic teaching
institution, public junior college or public junior college
district, or [a] medical and dental unit that remains unpaid on the
first day of the next fiscal year accrues interest, beginning on
that day or the due date for the portion, whichever is later, at an
annual rate, compounded monthly, equal to the rate established
under Section 825.313(b)(1), plus two percent.
SECTION 3. This Act takes effect September 1, 2011.