HOUSE BILL 2122 |
HOUSE AUTHOR: Tillery |
EFFECTIVE: 09-01-01 |
SENATE SPONSOR: Armbrister |
House Bill 2122 amends the Texas Statewide Emergency Services Retirement Act to specify that six members, rather than all nine members, of the state board of trustees of the Texas statewide emergency services personnel retirement fund be active members of the fund and that the five members of a local board of trustees who represent a participating department be active members. The bill also authorizes the state board of trustees to appoint an outside investment manager and makes minor technical changes to the act.