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A BILL TO BE ENTITLED
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AN ACT
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relating to the composition of the board of trustees of the |
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Employees 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 815.003, Government Code, is amended by |
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adding new Subsection (b-1) to read as follows: |
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(b-1) A retiree may serve as an elected member. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |