SRC-TNM S.B. 1260 75(R)   BILL ANALYSIS


Senate Research Center   S.B. 1260
By: Barrientos
Intergovernmental Relations
4-18-97
As Filed


DIGEST 

Currently, the City of Austin must pay a portion of the contributions
otherwise payable to the Austin Firefighters' Relief and Retirement Fund
(fund) by individual firefighters.  S.B. 1260 would allow the City of
Austin to increase its contribution to the fund and at the same time
decrease the contribution made by the member by the same amount. 

PURPOSE

As proposed, S.B. 1260 outlines provisions regarding contributions to
retirement systems for firefighters in certain municipalities. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 10.01, Article 6243e.1, V.T.C.S., to delete text
regarding municipal contributions.  Authorizes the governing body of each
municipality to authorize the municipality to contribute a portion of the
contribution required of each firefighter under this section.  Requires
the municipality to appropriate and contribute to the Austin Firefighters'
Relief and Retirement Fund (fund) each month at the higher percentage of
compensation necessary to make all contributions required and authorized
to be made by the municipality under this section and requires each
individual firefighter's account with the fund to be credited each month
as if the firefighter had made the entire contribution required of that
firefighter under Subsection 10.01(b).  Makes conforming changes.  

SECTION 2. Effective date: October 1, 1997.

SECTION 3. Emergency clause.