1-1     By:  Truan, Lucio                                       S.B. No. 25

 1-2           (In the Senate - Filed April 8, 1997; April 10, 1997, read

 1-3     first time and referred to Committee on State Affairs; May 8, 1997,

 1-4     reported favorably by the following vote:  Yeas 12, Nays 0;

 1-5     May 8, 1997, sent to printer.)

 1-6                            A BILL TO BE ENTITLED

 1-7                                   AN ACT

 1-8     relating to certain previously waived service credit in the

 1-9     Employees Retirement System of Texas.

1-10           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

1-11           SECTION 1.  Subchapter E, Chapter 813, Government Code, is

1-12     amended by adding Section 813.406 to read as follows:

1-13           Sec. 813.406.  CERTAIN PREVIOUSLY WAIVED SERVICE.  (a)  A

1-14     person who served in the legislature before 1964, who before

1-15     leaving state office did not elect to become a member of the

1-16     retirement system at the time membership was extended to elected

1-17     officers in 1963, and who subsequently served as a member of the

1-18     United States Congress for at least 30 years may, before September

1-19     1, 1998, establish service credit in the retirement system for the

1-20     person's state legislative service.

1-21           (b)  A person may establish credit under this section by

1-22     depositing with the retirement system in a lump sum a contribution

1-23     computed as provided by Section 813.404, plus all membership fees

1-24     due, plus interest computed at an annual rate of 10 percent from

1-25     the fiscal year in which the service was performed to the date of

1-26     deposit.

1-27           (c)  This section expires September 1, 1998.

1-28           SECTION 2.  This Act takes effect September 1, 1997.

1-29           SECTION 3.  The importance of this legislation and the

1-30     crowded condition of the calendars in both houses create an

1-31     emergency and an imperative public necessity that the

1-32     constitutional rule requiring bills to be read on three several

1-33     days in each house be suspended, and this rule is hereby suspended.

1-34                                  * * * * *