1 | 1 | | 86R11463 SOS-D |
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2 | 2 | | By: Fallon S.B. No. 1522 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the suspension of annuity payments for certain former |
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8 | 8 | | legislators engaged in lobbying activities. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Chapter 812, Government Code, is amended by |
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11 | 11 | | adding Subchapter D to read as follows: |
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12 | 12 | | SUBCHAPTER D. LOBBYING BY CERTAIN RETIREES |
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13 | 13 | | Sec. 812.301. BENEFITS AFFECTED. (a) If a retiree who |
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14 | 14 | | accrued service credit in the retirement system as a member of the |
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15 | 15 | | legislature engages in lobbying activities that require |
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16 | 16 | | registration under Chapter 305, the retirement system shall suspend |
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17 | 17 | | annuity payments to the retiree until the retiree ceases to engage |
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18 | 18 | | in lobbying activities and files a notice of termination as |
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19 | 19 | | prescribed by Section 305.008. |
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20 | 20 | | (b) The board of trustees shall adopt rules necessary to |
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21 | 21 | | implement this section. |
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22 | 22 | | SECTION 2. Section 812.301, Government Code, as added by |
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23 | 23 | | this Act, applies only to a retiree who registers under Chapter 305, |
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24 | 24 | | Government Code, on or after the effective date of this Act. A |
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25 | 25 | | retiree who registers under Chapter 305, Government Code, before |
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26 | 26 | | the effective date of this Act is governed by the law in effect |
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27 | 27 | | immediately before the effective date of this Act, and the former |
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28 | 28 | | law is continued in effect for that purpose. |
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29 | 29 | | SECTION 3. This Act takes effect September 1, 2019. |
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