By:  Haley                                            S.B. No. 1478
       73R10190 GCH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to service credit in the Texas County and District
    1-3  Retirement System.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 843.402, Government Code, is amended to
    1-6  read as follows:
    1-7        Sec. 843.402.  Current Service for Member of Optional Class.
    1-8  (a)  A person who becomes a member of the retirement system under
    1-9  Section 842.201 may establish current service credit in the
   1-10  retirement system for service performed for the subdivision during
   1-11  <for> the period beginning on the effective date of the
   1-12  subdivision's participation in the retirement system and ending on
   1-13  the later of <day before> the date the person became a member or
   1-14  the effective date of an order under Section 842.201 that makes
   1-15  service in the position for which credit is sought creditable in
   1-16  the retirement system.
   1-17        (b)  A member claiming credit under this section shall
   1-18  deposit with the retirement system, <before the 91st day after the
   1-19  effective date of the person's membership,> for the total number of
   1-20  months of service claimed under this section, an amount equal to
   1-21  the amount of deposits that a member earning the same compensation
   1-22  from the subdivision during the same period was required to make to
   1-23  the retirement system.
   1-24        (c)  If the subdivision deposits with the retirement system<,
    2-1  within the period required under this section for member deposits,>
    2-2  an amount equal to the amount deposited under Subsection (b), the
    2-3  retirement system shall grant the member current service credit
    2-4  under this section.
    2-5        SECTION 2.  The importance of this legislation and the
    2-6  crowded condition of the calendars in both houses create an
    2-7  emergency and an imperative public necessity that the
    2-8  constitutional rule requiring bills to be read on three several
    2-9  days in each house be suspended, and this rule is hereby suspended,
   2-10  and that this Act take effect and be in force from and after its
   2-11  passage, and it is so enacted.