By: Lucio S.B. No. 1039

(In the Senate - Filed March 1, 2007; March 14, 2007, read first time and referred to Committee on State Affairs; April 10, 2007, reported adversely, with favorable Committee Substitute by the following vote: Yeas 8, Nays 0; April 10, 2007, sent to printer.)

COMMITTEE SUBSTITUTE FOR S.B. No. 1039 By: Lucio

A BILL TO BE ENTITLED

AN ACT

relating to the payment of benefits to certain retirees of the Teacher Retirement System of Texas who return to work.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 824.602, Government Code, is amended by adding Subsections (p) and (q) to read as follows:

(p) The exception provided by Subsection (a)(3) continues to apply to work performed by a retiree in June of a school year if:

(1) the work the retiree agreed to complete under the contract or work agreement cannot be completed by May 31; and

(2) the retiree does not work beyond June 15 of that year.

(q) Time spent by a retiree attending professional development classes or activities is not considered work for purposes of Subsection (a)(3).

SECTION 2. The change in law made by this Act applies only to a retiree of the Teacher Retirement System of Texas who resumes employment with a Texas public educational institution on or after the effective date of 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, 2007.

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