79R7286 HLT-D

By:  McClendon                                                    H.B. No. 1594



A BILL TO BE ENTITLED

AN ACT

relating to the composition of the board of trustees of the 
Employees Retirement System of Texas.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 815.003, Government Code, is amended by 
amending Subsections (a) and (b) and adding Subsection (b-1) to 
read as follows:
	(a)  Three members of the board of trustees are nominated and 
elected by members of the retirement system and retirees under 
rules adopted by the board.  Two of the trustees must meet the 
eligibility requirements specified in Subsection (b) and one 
trustee must meet the eligibility requirements specified in 
Subsection (b-1).
	(b)  To be eligible to serve as an elected member of the 
board, two of the elected trustees [a person] must be members [a 
member] of the retirement system and must hold a position that:
		(1)  is included in the employee class of membership; 
and                   
		(2)  is not with an agency or department with which 
another trustee holds a position.
	(b-1)  To be eligible to serve as an elected member of the 
board, one of the trustees must be a retiree.
	SECTION 2.  At the trustee election held by the Employees
Retirement System of Texas to fill a position on the board of 
trustees that expires August 31, 2005, the members and retirees of 
the retirement system shall elect a trustee who meets the 
eligibility requirements of Section 815.003(b-1), Government Code, 
as added by this Act.
	SECTION 3.  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 September 1, 2005.