By Zbranek H.B. No. 921
77R1202 SMJ-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to waiving certain late penalties imposed on subdivisions
1-3 that participate in the Texas County and District Retirement
1-4 System.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 845.407, Government Code, is amended by
1-7 adding Subsection (c) to read as follows:
1-8 (c) The board of trustees shall waive a penalty imposed on a
1-9 participating subdivision under Subsection (a) if the subdivision:
1-10 (1) submits evidence that the board of trustees
1-11 determines is sufficient to show that:
1-12 (A) the subdivision made a diligent attempt to
1-13 comply with this subchapter; and
1-14 (B) wilful negligence did not cause a
1-15 contribution required by this subchapter or information required by
1-16 Section 845.403 to be untimely; and
1-17 (2) provides the information or pays the contribution
1-18 not later than the 21st day after the date the subdivision knew or
1-19 should have known of the failure to timely provide the information
1-20 or pay the contribution.
1-21 SECTION 2. This Act applies to a payment required under
1-22 Subchapter E, Chapter 845, Government Code, or information required
1-23 under Section 845.403, Government Code, that is due on or after
1-24 January 1, 2000.
2-1 SECTION 3. This Act takes effect immediately if it receives
2-2 a vote of two-thirds of all the members elected to each house, as
2-3 provided by Section 39, Article III, Texas Constitution. If this
2-4 Act does not receive the vote necessary for immediate effect, this
2-5 Act takes effect September 1, 2001.