Texas 2023 88th Regular

Texas House Bill HB1663 Introduced / Bill

Filed 01/26/2023

                    88R929 BDP-D
 By: Guillen H.B. No. 1663


 A BILL TO BE ENTITLED
 AN ACT
 relating to purchase of service credit in the Teacher Retirement
 System of Texas by certain members with federal border security
 service work experience.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  The heading to Subchapter D, Chapter 823,
 Government Code, is amended to read as follows:
 SUBCHAPTER D.  ESTABLISHMENT OF MILITARY AND FEDERAL BORDER
 SECURITY SERVICE
 SECTION 2.  Subchapter D, Chapter 823, Government Code, is
 amended by adding Section 823.305 to read as follows:
 Sec. 823.305.  FEDERAL BORDER SECURITY SERVICE CREDIT. (a)
 An eligible member may establish membership service credit for
 federal border security service performed that is creditable in the
 retirement system as provided by this section.
 (b)  Federal border security service creditable in the
 retirement system is work performed as an employee of:
 (1)  the United States Department of Homeland Security,
 including U.S. Customs and Border Protection; or
 (2)  any other federal agency with primary
 responsibility for securing the United States-Mexico border by
 interdicting:
 (A)  persons attempting to illegally enter or exit
 the United States; or
 (B)  goods being illegally imported into or
 exported from the United States.
 (c)  A member may not establish more than five years of
 service credit in the retirement system under this section for
 federal border security service.
 (d)  A member eligible to establish federal border security
 service credit is one who has at least five years of service credit
 in the retirement system for actual service in public schools.
 (e)  A member may establish credit under this section by
 depositing with the retirement system for each year of federal
 border security service claimed a contribution in an amount equal
 to the member's contributions to the retirement system during the
 first full year of membership service.
 (f)  After a member makes the deposits required by this
 section, the retirement system shall grant the member one year of
 federal border security service credit for each year of federal
 border security service approved.
 (g)  The board of trustees may adopt rules necessary to
 implement this section.
 SECTION 3.  Section 825.307(a), Government Code, is amended
 to read as follows:
 (a)  The retirement system shall deposit in a member's
 individual account in the member savings account:
 (1)  the amount of contributions to the retirement
 system that is deducted from the member's compensation;
 (2)  the portion of a deposit made on or after
 resumption of membership that represents the amount of retirement
 benefits received;
 (3)  the portion of a deposit to reinstate service
 credit previously canceled that represents the amount withdrawn or
 refunded;
 (4)  the portion of a deposit to establish military
 service credit required by Section 823.302(c);
 (5)  the portion of a deposit to establish USERRA
 credit required by Section 823.304(c);
 (6)  the portion of a deposit to establish federal
 border security service credit required by Section 823.305(e);
 (7)  the portion of a deposit to establish:
 (A)  equivalent membership service credit
 required by Section 823.401(d), 823.402(e), 823.403(d),
 823.404(c), or 823.406(b) or former Section 823.405; or
 (B)  unreported service credit or compensation
 required by Section 825.403(h); and
 (8) [(7)]  interest earned on money in the account as
 provided by Subsections (b) and (c) and Section 825.313(c).
 SECTION 4.  Section 823.305, Government Code, as added by
 this Act, applies only to a member of the Teacher Retirement System
 of Texas who retires on or after the effective date of this Act.
 SECTION 5.  This Act takes effect September 1, 2023.