TO: | Honorable Sarah Davis, Chair, House Committee on General Investigating & Ethics |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | SB500 by Taylor, Van (Relating to the effect of certain felony convictions of public elected officers.), As Engrossed |
According to the Texas County and District Retirement System (TCDRS), the bill provides TCDRS members who are elected officials and who are convicted of a "qualifying felony" committed while in office would be ineligible for a retirement annuity from TCDRS.
This analysis assumes the bill would not have a significant fiscal impact on the Texas County and District Retirement System and any administrative costs could be absorbed within existing resources.
Source Agencies: | 327 Employees Retirement System
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LBB Staff: | UP, KK, KFa, AG, NV, ASa, JGA
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