By: Hernandez, et al. (Senate Sponsor - Lucio) H.B. No. 917
(In the Senate - Received from the House April 12, 2021;
April 13, 2021, read first time and referred to Committee on
Finance; April 19, 2021, reported favorably by the following vote:
Yeas 14, Nays 0; April 19, 2021, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to the composition of the board of trustees of the
Employees Retirement System of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 815.003, Government Code, is amended by
amending Subsection (b) and adding Subsection (b-1) to read as
follows:
(b) Two of the elected members [To be eligible to serve as an
elected member] of the board[, a person] must be members [a member]
of the retirement system and must hold positions [a position] that:
(1) are [is] included in the employee class of
membership; and
(2) are [is] not with an agency or department with
which another trustee holds a position.
(b-1) The third elected member of the board must:
(1) meet the requirements of Subsection (b); or
(2) be a retiree.
SECTION 2. The changes in law made by this Act apply only to
an election of a member of the board of trustees of the Employees
Retirement System of Texas that occurs on or after the effective
date of this Act.
SECTION 3. This Act takes effect September 1, 2021.
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