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A BILL TO BE ENTITLED
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AN ACT
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relating to the purchase of goods and services by the Employees |
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Retirement System of Texas to operate its home office. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 811.004, Government Code, is amended to |
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read as follows: |
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Sec. 811.004. POWERS AND PRIVILEGES. (a) The retirement |
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system has the powers, privileges, and immunities of a corporation, |
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as well as the powers, privileges, and immunities conferred by this |
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subtitle. |
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(b) Notwithstanding any other law, the retirement system |
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has exclusive authority over all aspects of purchases of goods and |
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services related to the operations of its home office facilities, |
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including purchases related to the administration of tenant leases, |
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if such purchases are made with money other than money appropriated |
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from general revenue. |
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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, 2023. |