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A BILL TO BE ENTITLED
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AN ACT
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relating to the collection of contributions by the Teacher |
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Retirement System of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 825.407(a), Government Code, is amended |
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by adding Subdivision (4) to read as follows: |
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(4) "Public junior college" has the meaning assigned |
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by Section 61.003, Education Code. |
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SECTION 2. Sections 825.407(b), (c), (d), (e), and (f), |
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Government Code, are amended to read as follows: |
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(b) The governing board of each general academic teaching |
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institution, each public junior college or public junior college |
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district, and [the governing board of] each medical and dental unit
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shall reimburse the state, from noneducational and general funds of |
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the institution, public junior college or public junior college |
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district, or unit, for state contributions that are made based on
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any portion of a member's salary that is paid from the |
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noneducational and general funds. |
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(c) The designated disbursing officer of each general |
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academic teaching institution, public junior college, and [the |
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designated disbursing officer of each] medical and dental unit
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shall: |
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(1) submit to the retirement system, at a time and in |
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the manner prescribed by the retirement system, a monthly report |
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containing a certification of the total amount of salary paid from |
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noneducational and general funds and the total amount of employer |
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contributions due under this section for the payroll period; and |
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(2) maintain and retain the following information: |
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(A) the name of each member employed by the |
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institution, public junior college, or unit who, for the most
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recent payroll period, was paid wholly or partly from |
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noneducational and general funds; |
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(B) the amount of the employee's salary for the |
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most recent payroll period that was paid from noneducational and |
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general funds; and |
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(C) any other information the retirement system |
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determines is necessary to administer this section. |
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(d) A monthly report required under Subsection (c) shall be |
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accompanied by payment of the amount certified under Subdivision |
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(1) [(3)] of that subsection.
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(e) After the end of each fiscal year, the retirement system |
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shall report to the comptroller of public accounts and the State |
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Auditor the name of any general academic teaching institution, |
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public junior college or public junior college district, or [and |
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any] medical and dental unit delinquent in the reimbursement of
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contributions under this section for the preceding fiscal year and |
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the amount by which each reported institution, public junior |
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college or public junior college district, or unit is delinquent.
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(f) Any portion of the reimbursement required under this |
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section to be made for a fiscal year by a general academic teaching |
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institution, public junior college or public junior college |
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district, or [a] medical and dental unit that remains unpaid on the
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first day of the next fiscal year accrues interest, beginning on |
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that day or the due date for the portion, whichever is later, at an |
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annual rate, compounded monthly, equal to the rate established |
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under Section 825.313(b)(1), plus two percent. |
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SECTION 3. This Act takes effect September 1, 2011. |