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A BILL TO BE ENTITLED
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AN ACT
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relating to the board of trustees of the Texas County and District |
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Retirement System. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 845.001, Government Code, is amended to |
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read as follows: |
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Sec. 845.001. COMPOSITION OF BOARD OF TRUSTEES. (a) The |
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board of trustees is composed of nine members as follows: |
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(1) four members who serve on a county commissioners |
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court of a participating subdivision; |
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(2) one member who serves on the governing body of a |
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participating special district; |
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(3) one member who is an employee or retiree of a |
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participating county; and |
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(4) three persons who are representatives of the |
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public. |
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(b) A member of the board of trustees described by |
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Subsection (a)(1), (2), or (3) may not reside in the same county as |
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another member. |
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SECTION 2. Section 845.003, Government Code, is amended by |
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amending Subsections (a) and (b) and adding Subsections (a-1) and |
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(a-2) to read as follows: |
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(a) Except as provided by Subsection (a-1), to [To] be |
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eligible to serve as a trustee a person must be[:
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[(1)] a member or retiree of the retirement system |
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[and an employee of a participating subdivision; or
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[(2) a retiree of the retirement system]. |
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(a-1) To be eligible to serve as a trustee who is a |
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representative of the public, a person may not: |
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(1) be a member or retiree of the retirement system; |
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(2) hold or have held an elected office; or |
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(3) be or have been an employee of a governmental |
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entity. |
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(a-2) A trustee who is a representative of the public may |
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not vote on any matter in which the trustee has a pecuniary |
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interest. Failure to comply with this subsection is a ground for |
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removal from the board of trustees. |
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(b) If a person serving as a trustee ceases to meet an |
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eligibility requirement under Section 845.001 or this section |
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[Subsection (a)], the person shall vacate the office of trustee. |
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SECTION 3. The change in law made by this Act to Sections |
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845.001 and 845.003, Government Code, regarding the composition of |
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and eligibility requirements for the board of trustees of the Texas |
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County and District Retirement System, does not affect the |
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entitlement of a member serving on the board immediately before the |
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effective date of this Act to continue to serve as a member of the |
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board for the remainder of the member's term. As the terms of board |
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members expire or as a vacancy occurs on the board, the governor |
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shall appoint a member to the board as necessary to comply with |
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Sections 845.001 and 845.003, Government Code, as amended by this |
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Act. |
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SECTION 4. This Act takes effect September 1, 2017. |