78S40144 RCJ-D

By:  McClendon                                                    H.B. No. 65 


A BILL TO BE ENTITLED
AN ACT
relating to the expedited payment of the lump-sum death benefit for members of the Employees Retirement System of Texas. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 814.501(a), Government Code, is amended to read as follows: (a) A lump-sum death benefit in the amount of $5,000 is payable if the board of trustees receives proof satisfactory to it of the death, on or after September 1, 1975, of a person retired under a retirement system administered by the board. The board by rule shall adopt procedures to provide for the payment of this benefit not later than the seventh day after the date the board receives the required proof of death. SECTION 2. (a) This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect on the 91st day after the last day of the legislative session. (b) The board of trustees of the Employees Retirement System of Texas shall adopt the rules required by Section 814.501(a), Government Code, as amended by this Act, not later than November 1, 2004.