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79R7220 JTS-F

By:  Brimer                                                       S.B. No. 1250


A BILL TO BE ENTITLED
AN ACT
relating to appointments to the Tobacco Settlement Permanent Trust Account Investment Advisory Committee. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 403.1042(b), Government Code, is amended to read as follows: (b) The advisory committee is composed of 11 members appointed as follows: (1) one member appointed by the comptroller to represent a public hospital or hospital district located in a county with a population of 50,000 or less or a public hospital owned or maintained by a municipality; (2) one member appointed by the political subdivision that, in the year preceding the appointment, received the largest annual distribution paid from the account; (3) one member appointed by the political subdivision that, in the year preceding the appointment, received the second largest annual distribution paid from the account; (4) four members appointed by the Texas Conference of Urban Counties, which shall receive nominations from political subdivisions that,[: [(A)] in the year preceding the appointment, received the 3rd, 4th, 5th, 6th, 7th, 8th, 9th, 10th, 11th, or 12th largest annual distribution paid from the account[; and [(B) do not have an appointee serving on the advisory committee at the time of appointment]; (5) one member appointed by the County Judges and Commissioners Association of Texas; (6) one member appointed by the North and East Texas County Judges and Commissioners Association; (7) one member appointed by the South Texas County Judges and Commissioners Association; and (8) one member appointed by the West Texas County Judges and Commissioners Association. SECTION 2. This Act takes effect September 1, 2005.