By: Barrientos S.B. No. 1169
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the contracting for, and establishment and continuance
1-2 of, certain retirement program for the benefit of employees of
1-3 municipal hospital authorities.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Chapter 262 of the Health and Safety Code is
1-6 amended by adding Section 262.035 to read as follows:
1-7 Section 262.035. (a) If any authority is created by the
1-8 governing body of a municipality which has established a municipal
1-9 retirement system pursuant to Article 6243n, Vernon's Texas Civil
1-10 Statutes, then the board of such authority shall have the authority
1-11 to, and shall, provide retirement benefits for employees of such
1-12 authority by participating in and making all contributions required
1-13 or authorized by the municipal retirement system established by
1-14 such municipality pursuant to Article 6243n, Vernon's Texas
1-15 Statutes.
1-16 (b) The board of an authority, other than an authority
1-17 described in subsection (a) above, may provide retirement benefits
1-18 for employees of such authority by:
1-19 (1) establishing or administering a retirement
1-20 program; or
1-21 (2) electing to participate in the Texas Municipal
1-22 Retirement System or in any other municipal retirement system in
1-23 which the municipality creating the authority is eligible to
2-1 participate.
2-2 SECTION 2. EFFECTIVE DATE. This Act takes effect
2-3 __________________.
2-4 SECTION 3. The importance of this legislation and the
2-5 crowded condition of the calendars in both houses create an
2-6 emergency and an imperative public necessity that the
2-7 constitutional rule requiring bills to be read on three several
2-8 days in each house be suspended, and this rule is hereby suspended.