1-1 By: Turner of Harris (Senate Sponsor - Whitmire) H.B. No. 1559
1-2 (In the Senate - Received from the House May 1, 1995;
1-3 May 2, 1995, read first time and referred to Committee on
1-4 Intergovernmental Relations; May 10, 1995, reported favorably by
1-5 the following vote: Yeas 8, Nays 0; May 10, 1995, sent to
1-6 printer.)
1-7 A BILL TO BE ENTITLED
1-8 AN ACT
1-9 relating to payment of member contributions to retirement systems
1-10 for police officers in certain municipalities.
1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-12 SECTION 1. Chapter 76, Acts of the 50th Legislature, 1947
1-13 (Article 6243g-1, Vernon's Texas Civil Statutes), is amended by
1-14 adding Section 6A to read as follows:
1-15 Sec. 6A. (a) The governing body of a city to which this
1-16 Act applies by ordinance or resolution may provide that the city
1-17 pick up member contributions required by Section 6 of this Act or
1-18 Section 28, Article 6243g-3, Revised Statutes, so that the
1-19 contributions of all members of the Pension System qualify as
1-20 picked up contributions under Section 414(h)(2) of the Internal
1-21 Revenue Code of 1986. If the governing body of a city adopts an
1-22 ordinance or resolution under this section, the city, the Pension
1-23 Board, and any other necessary party shall implement the action as
1-24 soon as is practicable.
1-25 (b) Contributions picked up as provided by this section
1-26 shall be included in the determination of a member's base salary,
1-27 deposited to the individual account of the member on whose behalf
1-28 they are made, and treated for all purposes under this Act or
1-29 Article 6243g-3, Revised Statutes, in the same manner and with
1-30 like effect as if they had been deducted from the salary of and
1-31 made by the member.
1-32 SECTION 2. The importance of this legislation and the
1-33 crowded condition of the calendars in both houses create an
1-34 emergency and an imperative public necessity that the
1-35 constitutional rule requiring bills to be read on three several
1-36 days in each house be suspended, and this rule is hereby suspended,
1-37 and that this Act take effect and be in force from and after its
1-38 passage, and it is so enacted.
1-39 * * * * *