| 5 | 3 | | |
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| 6 | 4 | | |
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| 7 | 5 | | A BILL TO BE ENTITLED |
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| 8 | 6 | | AN ACT |
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| 9 | 7 | | relating to the composition of the board of trustees of the |
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| 10 | 8 | | Employees Retirement System of Texas. |
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| 11 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 10 | | SECTION 1. Section 815.003, Government Code, is amended by |
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| 13 | 11 | | amending Subsection (b) and adding Subsection (b-1) to read as |
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| 14 | 12 | | follows: |
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| 15 | 13 | | (b) Two of the elected members [To be eligible to serve as an |
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| 16 | 14 | | elected member] of the board[, a person] must be members [a member] |
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| 17 | 15 | | of the retirement system and must hold positions [a position] that: |
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| 18 | 16 | | (1) are [is] included in the employee class of |
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| 19 | 17 | | membership; and |
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| 20 | 18 | | (2) are [is] not with an agency or department with |
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| 21 | 19 | | which another trustee holds a position. |
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| 22 | 20 | | (b-1) The third elected member of the board must: |
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| 23 | 21 | | (1) meet the requirements of Subsection (b); or |
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| 24 | 22 | | (2) be a retiree. |
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| 25 | 23 | | SECTION 2. The changes in law made by this Act apply only to |
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| 26 | 24 | | an election of a member of the board of trustees of the Employees |
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| 27 | 25 | | Retirement System of Texas that occurs on or after the effective |
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| 28 | 26 | | date of this Act. |
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| 29 | 27 | | SECTION 3. This Act takes effect September 1, 2015. |
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