BILL ANALYSIS



S.B. 399
By: Ellis (Johnson)
April 26, 1995
Committee Report (Unamended)


BACKGROUND

Current law requires the executive director of the Teacher
Retirement System to meet a residency requirement.

PURPOSE

As proposed, S.B. 399 deletes the provision requiring a person, in
order to be eligible to serve as the executive director of the
Teacher Retirement System of Texas, to have been a citizen of this
state for the three years immediately preceding the appointment.

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not grant any
additional rulemaking authority to a state officer, institution, or
agency.

SECTION BY SECTION ANALYSIS

SECTION 1: Amends Section 825.202, Government Code, to delete the
provision requiring a person, in order to be eligible to serve as
the executive director of the Teacher Retirement System of Texas,
to have been a citizen of this state for the three years
immediately preceding the appointment. Redesignates existing
Subsections (d) and (e).

SECTION 2: Emergency clause




Committee on Pensions & Investments

SUMMARY OF COMMITTEE ACTION

SB 399 was considered by the committee in a public hearing on April
24, 1995.

Rep. Johnson testified as the bill's House sponsor.

Ronald Douglas representing himself testified neutrally on the
bill.

The committee considered a complete substitute for the bill.  The
substitute was withdrawn.  

SB 399 was reported favorably unamended with the recommendation
that it do pass and be printed by a record vote of 5 ayes, 1 nays,
0 pnv & 3 absent.