By: Parker (Senate Sponsor - West) H.B. No. 4068
(In the Senate - Received from the House May 12, 2021;
May 14, 2021, read first time and referred to Committee on Finance;
May 21, 2021, reported favorably by the following vote: Yeas 10,
Nays 0; May 21, 2021, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to the eligibility of certain public retirement systems
for police and fire fighters to participate in the Texas Municipal
Retirement System.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 852.005, Government Code, is amended by
amending Subsection (a) and adding Subsection (b) to read as
follows:
(a) For the purposes of this subtitle, the Texas Municipal
Retirement System, the pension system provided under Article
6243a-1, Revised Statutes, and [, as limited by Subsection (b),]
the Texas Municipal League, have the standing of municipalities.
(b) The standing of the pension system provided under
Article 6243a-1, Revised Statutes, as a municipality under
Subsection (a) applies only with respect to the system and the
system's employees. Subsection (a) does not require or authorize:
(1) a person who is a member, pensioner, alternate
payee, or other beneficiary of the pension system provided under
Article 6243a-1, Revised Statutes, to participate in the Texas
Municipal Retirement System; and
(2) the consolidation of both public retirement
systems or the transfer of a fund or any plan created or maintained
under former Article 6243a, Revised Statutes, or Article 6243a-1,
Revised Statutes, to the Texas Municipal Retirement System.
SECTION 2. Section 852.005, Government Code, as amended by
this Act, applies only with respect to a person who is an employee
of the pension system provided under Article 6243a-1, Revised
Statutes, on or after the effective date of this Act.
SECTION 3. This Act takes effect September 1, 2021.
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