Bill Text: TX HB2168 | 2015-2016 | 84th Legislature | Comm Sub

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Bill Title: Relating to the payment date for annuities from the Teacher Retirement System of Texas.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2015-06-17 - Effective on 9/1/15 [HB2168 Detail]

Download: Texas-2015-HB2168-Comm_Sub.html
 
 
  By: Muñoz, Jr. (Senate Sponsor - Lucio) H.B. No. 2168
         (In the Senate - Received from the House May 11, 2015;
  May 12, 2015, read first time and referred to Committee on State
  Affairs; May 22, 2015, reported favorably by the following vote:  
  Yeas 9, Nays 0; May 22, 2015, sent to printer.)
Click here to see the committee vote
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the payment date for annuities from the Teacher
  Retirement System of Texas.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 824.003, Government Code, is amended to
  read as follows:
         Sec. 824.003.  WHEN BENEFITS ARE PAYABLE. Except as
  otherwise provided by this chapter, an annuity provided by this
  chapter is payable for the month in which the person who receives
  the annuity dies. Monthly annuity payments are generally due to be
  paid on the last [first] working day of the [each] month [following
  the month] for which the payment accrues.
         SECTION 2.  This Act takes effect September 1, 2015.
 
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