By Hightower H.B. No. 795 74R3348 GCH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to reinstatement, purchase, and transfer of service credit 1-3 between the Employees Retirement System of Texas and the Teacher 1-4 Retirement System of Texas. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. (a) Notwithstanding Section 30, Chapter 791, 1-7 Acts of the 73rd Legislature, 1993, the provisions of Chapter 805, 1-8 Government Code, apply to retirements and deaths that occur or 1-9 occurred on or after June 18, 1993. 1-10 (b) A person receiving an annuity because of a retirement or 1-11 death that occurred on or after June 18, 1993, but before August 1-12 31, 1993, is entitled to reinstate, purchase, or transfer service 1-13 credit under Chapter 805, Government Code, as if this Act had been 1-14 in effect at the time of the retirement or death. 1-15 (c) The Employees Retirement System of Texas or the Teacher 1-16 Retirement System of Texas, as applicable, shall: 1-17 (1) recompute any annuity for which an annuitant takes 1-18 action authorized by Subsection (b) of this section; 1-19 (2) begin payment of the recomputed annuity with the 1-20 first payment that becomes due after the recomputation; and 1-21 (3) make any necessary transfers of money as provided 1-22 by Chapter 805, Government Code. 1-23 SECTION 2. The importance of this legislation and the 1-24 crowded condition of the calendars in both houses create an 2-1 emergency and an imperative public necessity that the 2-2 constitutional rule requiring bills to be read on three several 2-3 days in each house be suspended, and this rule is hereby suspended, 2-4 and that this Act take effect and be in force from and after its 2-5 passage, and it is so enacted.