Texas 2021 - 87th Regular

Texas House Bill HB1648 Latest Draft

Bill / Introduced Version Filed 02/05/2021

                            87R2364 KFF-D
 By: Middleton H.B. No. 1648


 A BILL TO BE ENTITLED
 AN ACT
 relating to participation of certain nongovernmental entities in
 the Texas County and District Retirement System and the Texas
 Municipal Retirement System.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 841.001(17), Government Code, is amended
 to read as follows:
 (17)  "Subdivision" means a political subdivision of
 the state that is not eligible to participate in any other statewide
 retirement system or that is not currently participating in a
 retirement system established by the legislature. The term
 includes [the Texas Association of Counties,] the retirement
 system[,] and a city-county hospital jointly managed under
 Subchapter B, Chapter 265, Health and Safety Code. The term does
 not include a branch, division, department, employee
 classification group, or other separately identified component of a
 political subdivision.
 SECTION 2.  Section 852.005(a), Government Code, is amended
 to read as follows:
 (a)  For the purposes of this subtitle, the Texas Municipal
 Retirement System has [and, as limited by Subsection (b), the Texas
 Municipal League, have] the standing of a municipality
 [municipalities].
 SECTION 3.  (a)  Section 841.001, Government Code, as
 amended by this Act:
 (1)  applies only with respect to a person who becomes
 an employee of the Texas Association of Counties on or after the
 effective date of this Act; and
 (2)  does not affect the rights or benefits of a person
 who, on the effective date of this Act, is a member, retiree,
 annuitant, beneficiary, or alternate payee of the Texas County and
 District Retirement System.
 (b)  Notwithstanding Section 841.001, Government Code, as
 amended by this Act, the Texas Association of Counties shall
 continue participation in the Texas County and District Retirement
 System only to the extent necessary to ensure the provision of
 retirement and related disability and death benefits, as
 applicable, for persons described by Subsection (a)(2) of this
 section.
 (c)  The board of trustees of the Texas County and District
 Retirement System shall adopt rules the board determines necessary
 to implement this section.
 SECTION 4.  (a)  Section 852.005, Government Code, as
 amended by this Act:
 (1)  applies only with respect to a person who becomes
 an employee of the Texas Municipal League on or after the effective
 date of this Act; and
 (2)  does not affect the rights or benefits of a person
 who, on the effective date of this Act, is a member, retiree,
 annuitant, beneficiary, or alternate payee of the Texas Municipal
 Retirement System.
 (b)  Notwithstanding the change in law made by this Act to
 Section 852.005, Government Code, the Texas Municipal League shall
 continue participation in the Texas Municipal Retirement System
 only to the extent necessary to ensure the provision of retirement
 and related disability and death benefits, as applicable, for
 persons described by Subsection (a)(2) of this section.
 (c)  The board of trustees of the Texas Municipal Retirement
 System shall adopt rules the board determines necessary to
 implement this section.
 SECTION 5.  This Act takes effect September 1, 2021.