79R3549 KEG-D
By: Williams S.B. No. 787
A BILL TO BE ENTITLED
AN ACT
relating to the eligibility of certain organizations to join a risk
pool established by a political subdivision for the purpose of
providing uniform group benefits.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 172.003(1), Local Government Code, is
amended to read as follows:
(1) "Affiliated service contractor" means an
organization qualified for exemption under Section 501(c),
Internal Revenue Code (26 U.S.C. Section 501(c)), as amended, that
provides governmental or quasi-governmental services on behalf of a
political subdivision and derives more than 25 [50] percent of its
gross revenues from grants or funding from the political
subdivision.
SECTION 2. 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.