Enrolled Bill Summary
Legislative Session: 75(R)HOUSE BILL 803 |
HOUSE AUTHOR: Kuempel |
EFFECTIVE: 06-18-97 |
SENATE SPONSOR: Armbrister |
House Bill 803 amends the Texas Statewide Volunteer Fire Fighters Retirement Act to remove restrictions on investing surplus retirement funds and to permit the firefighters' pension commissioner and state board of trustees to make investment decisions by exercising judgment and care and investing in a prudent manner.