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AN ACT
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relating to the payment date for annuities from 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 824.003, Government Code, is amended to |
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read as follows: |
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Sec. 824.003. WHEN BENEFITS ARE PAYABLE. Except as |
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otherwise provided by this chapter, an annuity provided by this |
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chapter is payable for the month in which the person who receives |
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the annuity dies. Monthly annuity payments are generally due to be |
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paid on the last [first] working day of the [each] month [following
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the month] for which the payment accrues. |
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SECTION 2. This Act takes effect September 1, 2015. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 2168 was passed by the House on May 8, |
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2015, by the following vote: Yeas 144, Nays 0, 1 present, not |
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voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 2168 was passed by the Senate on May |
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25, 2015, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |