Texas 2025 - 89th Regular

Texas House Bill HB4875 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	89R15745 RDR-D
2	2	By: Y. Davis of Dallas H.B. No. 4875
3	3
4	4
5	5
6	6
7	7	A BILL TO BE ENTITLED
8	8	AN ACT
9	9	relating to the board of trustees of the retirement systems for
10	10	police and firefighters in certain municipalities.
11	11	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	12	SECTION 1. Sections 3.01(b), (b-1), (b-4), (d), (e), and
13	13	(f), Article 6243a-1, Revised Statutes, are amended to read as
14	14	follows:
15	15	(b) Subject to Subsections (b-1) and (b-2) of this section,
16	16	the board consists of 11 trustees who shall be selected and shall
17	17	serve as follows:
18	18	(1) four [six] trustees appointed by the mayor, in
19	19	consultation with the city council;
20	20	(2) three trustees elected under rules adopted by the
21	21	board by the members and pensioners of the pension system from a
22	22	slate of nominees, in a number determined under the rules, selected
23	23	and vetted by the nominations committee;
24	24	(3) [subject to Subsection (b-3) of this section,] one
25	25	trustee who is a current [or former] police officer of the city
26	26	nominated and elected by members of the pension system under rules
27	27	adopted by the board; [and]
28	28	(4) [subject to Subsection (b-3) of this section,] one
29	29	trustee who is a current [or former] fire fighter of the city
30	30	nominated and elected by members of the pension system under rules
31	31	adopted by the board;
32	32	(5) one trustee who is a former police officer of the
33	33	city nominated and elected by members of the pension system under
34	34	rules adopted by the board; and
35	35	(6) one trustee who is a former fire fighter of the
36	36	city nominated and elected by members of the pension system under
37	37	rules adopted by the board.
38	38	(b-1) To be appointed or elected a trustee under Subsection
39	39	(b)(1) or (2) of this section, a person:
40	40	(1) must have demonstrated financial, accounting,
41	41	business, investment, budgeting, real estate, or actuarial
42	42	expertise; and
43	43	(2) may not be an elected official of the city.
44	44	(b-4) A trustee is [not] required to reside in the
45	45	nominating [a particular] city [or county of this state].
46	46	(d) A vacancy on the board in a trustee position under
47	47	Subsection (b)(1), [or] (2), (5), or (6) of this section shall be
48	48	filled in the same manner as the original appointment, or election.
49	49	The board by rule shall determine the manner by which a vacancy in a
50	50	trustee position under Subsection (b)(3) or (4) of this section is
51	51	filled.
52	52	(e) The mayor shall determine whether all trustees
53	53	appointed under Subsection (b)(1) of this section hold office for
54	54	staggered two-year terms or staggered three-year terms. The
55	55	nominations committee shall determine whether all trustees elected
56	56	under Subsection (b)(2), (3), [or] (4), (5), or (6) of this section
57	57	hold office for staggered two-year terms or staggered three-year
58	58	terms. A trustee appointed or elected, as applicable, under
59	59	Subsection (b)(1) or (2) of this section may not serve for more than
60	60	six consecutive years on the board.
61	61	(f) The election of the trustees under Subsection (b)(2),
62	62	(3), [or] (4), (5) or (6) of this section[, including an election
63	63	under Subsection (b-3) of this section to fill a trustee position
64	64	under Subsection (b)(3) or (4) of this section,] shall be held under
65	65	the supervision of the board, and the board shall adopt such rules
66	66	governing the election procedure as it considers appropriate, as
67	67	long as the rules are consistent with generally accepted principles
68	68	of secret ballot and majority rule. The rules adopted by the board
69	69	shall be recorded in the minutes of the board and made available to
70	70	the members of any pension plan within the pension system.
71	71	SECTION 2. Section 3.011(e), Article 6243a-1, Revised
72	72	Statutes, is amended to read as follows:
73	73	(e) The nominations committee shall nominate trustees to
74	74	the board in accordance with Section [Sections] 3.01(b)(2) [and
75	75	(b-3)] of this article.
76	76	SECTION 3. Sections 3.012(a) and (b), Article 6243a-1,
77	77	Revised Statutes, are amended to read as follows:
78	78	(a) In accordance with procedures adopted by board rule, a
79	79	trustee:
80	80	(1) appointed under Section 3.01(b)(1) of this article
81	81	may be removed by the mayor for cause; and
82	82	(2) elected under Section 3.01(b)(2), (3), [or] (4),
83	83	(5), or (6) of this article may be removed by the nominations
84	84	committee for cause.
85	85	(b) It is a cause for removal of a trustee from the board
86	86	that the trustee:
87	87	(1) does not have at the time of taking office the
88	88	qualifications required by Section 3.01(b) or (b-1)(1) of this
89	89	article[, subject to Subsection (b-3) of that section];
90	90	(2) does not maintain during service on the board the
91	91	qualifications required by Section 3.01(b) or (b-1)(1) of this
92	92	article[, subject to Subsection (b-3) of that section];
93	93	(3) is ineligible for membership under Section
94	94	3.01(b-1)(2) or (b-2) of this article; or
95	95	(4) is absent from more than one-third [40 percent] of
96	96	the meetings that the trustee is eligible to attend during a
97	97	calendar year [without an excuse approved by a majority vote of the
98	98	board].
99	99	SECTION 4. Section 3.01(b-3), Article 6243a-1, Revised
100	100	Statutes, is repealed.
101	101	SECTION 5. The changes in law made by this Act do not affect
102	102	the term of a member of the board of trustees of a pension system
103	103	administered under Article 6243a-1, Revised Statutes, serving on
104	104	the board on the effective date of this Act.
105	105	SECTION 6. The changes in law made to Sections 3.01, 3.011,
106	106	and 3.012, Article 6243a-1, Revised Statutes, as amended by this
107	107	Act, apply only to an appointment or vacancy on a board of trustees
108	108	that occurs on or after the effective date of this Act. An
109	109	appointment or vacancy on a board of trustees that occurs before the
110	110	effective date of this Act is governed by the law in effect on the
111	111	date of the meeting, and the former law is continued in effect for
112	112	that purpose.
113	113	SECTION 7. This Act takes effect September 1, 2025.