HBA-MPM S.B. 477 77(R)    BILL ANALYSIS


Office of House Bill AnalysisS.B. 477
By: Bernsen
Pensions & Investments
4/22/2001
Engrossed



BACKGROUND AND PURPOSE 

Many Texas school districts look outside of the state to recruit new
teachers.  Current law authorizes a teacher transferring to Texas from
another state to purchase a maximum of 10 years service credit in the
Teacher Retirement System of Texas (TRS).  Senate Bill 477 increases the
number of years service credit in TRS that may be purchased by a teacher
who has transferred to Texas to 15 years. 

RULEMAKING AUTHORITY

It is the opinion of the Office of House Bill Analysis that this bill does
not expressly delegate any additional rulemaking authority to a state
officer, department, agency, or institution. 

ANALYSIS

Senate Bill 477 amends the Government Code to increase from 10 to 15 the
maximum number of years of membership service credit for actual
out-of-state service in public schools that a member is authorized to
establish in the Teacher Retirement System of Texas. 

EFFECTIVE DATE

September 1, 2001.