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1 | 1 | 84R11848 TSR-D | |
2 | 2 | By: Garcia S.B. No. 1481 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to requiring the Teacher Retirement System of Texas to | |
8 | 8 | notify employees of an open-enrollment charter school of the | |
9 | 9 | revocation, nonrenewal, expiration, or surrender of a charter. | |
10 | 10 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
11 | 11 | SECTION 1. Section 12.1164, Education Code, is amended by | |
12 | 12 | adding Subsection (a-1) to read as follows: | |
13 | 13 | (a-1) Not later than the 10th business day after the date of | |
14 | 14 | receiving notice from the commissioner under Subsection (a), the | |
15 | 15 | Teacher Retirement System of Texas shall notify in writing the | |
16 | 16 | employees of the affected open-enrollment charter school who are | |
17 | 17 | contributing members of the retirement system of the revocation, | |
18 | 18 | denial of renewal, expiration, or surrender of the school's | |
19 | 19 | charter. | |
20 | 20 | SECTION 2. This Act takes effect September 1, 2015. |