reglab/housing_qa huggingface dataset:
TX Govt Code § 809.055 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 809 - Prohibition on Investment in Financial Companies That Boycott Certain Energy Companies|Subchapter B. Duties Regarding Investments|Section 809.055. Investments Exempted From Divestment

Sec. 809.055.  INVESTMENTS EXEMPTED FROM DIVESTMENT.  A state governmental entity is not required to divest from any indirect holdings in actively or passively managed investment funds or private equity funds.  The state governmental entity shall submit letters to the managers of each investment fund containing listed financial companies requesting that they remove those financial companies from the fund or create a similar actively or passively managed fund with indirect holdings devoid of listed financial companies.  If a manager creates a similar fund with substantially the same management fees and same level of investment risk and anticipated return, the state governmental entity may replace all applicable investments with investments in the similar fund in a time frame consistent with prudent fiduciary standards but not later than the 450th day after the date the fund is created.|Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.|
TX Govt Code § 809.056 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 809 - Prohibition on Investment in Financial Companies That Boycott Certain Energy Companies|Subchapter B. Duties Regarding Investments|Section 809.056. Authorized Investment in Listed Financial Companies

Sec. 809.056.  AUTHORIZED INVESTMENT IN LISTED FINANCIAL COMPANIES.  (a)  A state governmental entity may cease divesting from one or more listed financial companies only if clear and convincing evidence shows that:(1)  the state governmental entity has suffered or will suffer a loss in the hypothetical value of all assets under management by the state governmental entity as a result of having to divest from listed financial companies under this chapter; or(2)  an individual portfolio that uses a benchmark-aware strategy would be subject to an aggregate expected deviation from its benchmark as a result of having to divest from listed financial companies under this chapter.(b)  A state governmental entity may cease divesting from a listed financial company as provided by this section only to the extent necessary to ensure that the state governmental entity does not suffer a loss in value or deviate from its benchmark as described by Subsection (a).(c)  Before a state governmental entity may cease divesting from a listed financial company under this section, the state governmental entity must provide a written report to the comptroller, the presiding officer of each house of the legislature, and the attorney general setting forth the reason and justification, supported by clear and convincing evidence, for deciding to cease divestment or to remain invested in a listed financial company.(d)  The state governmental entity shall update the report required by Subsection (c) semiannually, as applicable.(e)  This section does not apply to reinvestment in a financial company that is no longer a listed financial company.|Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.|
TX Govt Code § 809.057 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 809 - Prohibition on Investment in Financial Companies That Boycott Certain Energy Companies|Subchapter B. Duties Regarding Investments|Section 809.057. Prohibited Investments

Sec. 809.057.  PROHIBITED INVESTMENTS.  Except as provided by Section 809.056, a state governmental entity may not acquire securities of a listed financial company.|Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.|
TX Govt Code § 809.101 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 809 - Prohibition on Investment in Financial Companies That Boycott Certain Energy Companies|Subchapter C. Report; Enforcement|Section 809.101. Report

Sec. 809.101.  REPORT.  Not later than January 5 of each year, each state governmental entity shall file a publicly available report with the presiding officer of each house of the legislature and the attorney general that:(1)  identifies all securities sold, redeemed, divested, or withdrawn in compliance with Section 809.054;(2)  identifies all prohibited investments under Section 809.057; and(3)  summarizes any changes made under Section 809.055.|Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.|
TX Govt Code § 809.102 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle A - Provisions Generally Applicable to Public Retirement Systems|Chapter 809 - Prohibition on Investment in Financial Companies That Boycott Certain Energy Companies|Subchapter C. Report; Enforcement|Section 809.102. Enforcement

Sec. 809.102.  ENFORCEMENT.  The attorney general may bring any action necessary to enforce this chapter.|Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.|
TX Govt Code § 811.002 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.002. Purpose of Subtitle

Sec. 811.002.  PURPOSE OF SUBTITLE.  The purpose of this subtitle is to establish a program of benefits for members, retirees, and other beneficiaries of the retirement system and to establish rules for the management and operation of the retirement system.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.002 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 811.003 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.003. Retirement System

Sec. 811.003.  RETIREMENT SYSTEM.  The retirement system is a public entity.  Except as provided by Section 815.304, the Employees Retirement System of Texas is the name by which all its business shall be transacted, all its funds invested, and all its cash, securities, and other property held.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1987, 70th Leg., 2nd C.S., ch. 77, Sec. 1, eff. Oct. 20, 1987.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.003 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 811.004 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.004. Powers and Privileges

Sec. 811.004.  POWERS AND PRIVILEGES.  The retirement system has the powers, privileges, and immunities of a corporation, as well as the powers, privileges, and immunities conferred by this subtitle.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.004 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 811.005 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.005. Exemption From Execution

Sec. 811.005.  EXEMPTION FROM EXECUTION.  All retirement annuity payments, optional benefit payments, member contributions, money in the various retirement system funds, and rights accrued or accruing under this subtitle to any person are exempt from garnishment, attachment, state and local taxation, levies, sales, and any other process, and are unassignable except as provided by Section 813.103.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.005 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 811.006 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.006. Action Increasing Amortization Period

Sec. 811.006.  ACTION INCREASING AMORTIZATION PERIOD.  (a)  A rate of member or state contributions to or a rate of interest required for the establishment of credit in the retirement system may not be reduced or eliminated, a type of service may not be made creditable in the retirement system, a limit on the maximum permissible amount of a type of creditable service may not be removed or raised, a new monetary benefit payable by the retirement system may not be established, and the determination of the amount of a monetary benefit from the system may not be increased, if, as a result of the particular action, the time, as determined by an actuarial valuation, required to amortize the unfunded actuarial liabilities of the retirement system would be increased to a period that exceeds 30 years by one or more years.(b)  If the amortization period for the unfunded actuarial liabilities of the retirement system exceeds 30 years by one or more years at the time an action described by Subsection (a) is proposed, the proposal may not be adopted if, as a result of the adoption, the amortization period would be increased, as determined by an actuarial valuation.|Added by Acts 1985, 69th Leg., ch. 228, Sec. 6, eff. Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.006 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 811.007 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.007. Immunity From Liability

Sec. 811.007.  IMMUNITY FROM LIABILITY.  The board of trustees, executive director, members of an advisory committee appointed by the board of trustees, and employees of the retirement system are not liable for any action taken or omission made or suffered by them in good faith in the performance of any duty in connection with any program or system administered by the retirement system.|Added by Acts 2003, 78th Leg., ch. 1111, Sec. 11, eff. Sept. 1, 2003;  Acts 2003, 78th Leg., ch. 1310, Sec. 48, eff. June 20, 2003.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 618 (S.B. 1459), Sec. 3, eff. September 1, 2013.|
TX Govt Code § 811.008 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.008. Insurance

Sec. 811.008.  INSURANCE.  Notwithstanding any other law, the board of trustees may self-insure or purchase any insurance in amounts the board considers reasonable and prudent.|Added by Acts 2003, 78th Leg., ch. 1111, Sec. 11, eff. Sept. 1, 2003;  Acts 2003, 78th Leg., ch. 1310, Sec. 48, eff. June 20, 2003.|
TX Govt Code § 811.009 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.009. Certain Contracts for Health Care Purposes; Review by Attorney General

Sec. 811.009.  CERTAIN CONTRACTS FOR HEALTH CARE PURPOSES; REVIEW BY ATTORNEY GENERAL.  (a)  This section applies to any contract with a contract amount of $250 million or more:(1)  under which a person provides goods or services in connection with the provision of medical or health care services, coverage, or benefits; and(2)  entered into by the person and the retirement system.(b)  Notwithstanding any other law, before a contract described by Subsection (a) may be entered into by the retirement system, a representative of the office of the attorney general shall review the form and terms of the contract and may make recommendations to the retirement system for changes to the contract if the attorney general determines that the office of the attorney general has sufficient subject matter expertise and resources available to provide this service.(c)  The retirement system must notify the office of the attorney general at the time the system initiates the planning phase of the contracting process.  A representative of the office of the attorney general or another attorney advising the agency under Subsection (d) may participate in negotiations or discussions with proposed contractors and may be physically present during those negotiations or discussions.(d)  If the attorney general determines that the office of the attorney general does not have sufficient subject matter expertise or resources available to provide the services described by this section, the office of the attorney general may require the retirement system to enter into an interagency agreement or to obtain outside legal services under Section 402.0212 for the provision of services described by this section.(e)  The retirement system shall provide to the office of the attorney general any information the office of the attorney general determines is necessary to administer this section.|Added by Acts 2005, 79th Leg., Ch. 1011 (H.B. 880), Sec. 2, eff. September 1, 2005.|
TX Govt Code § 811.010 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.010. Venue

Sec. 811.010.  VENUE.  Subject to and without waiving the retirement system's sovereign immunity or the official immunity of the trustees, officers, and employees of the retirement system, the venue for any action by or against the retirement system, the trustees, officers, or employees of the retirement system, or an administering firm, carrier, or other governmental agency acting in cooperation with or on behalf of the retirement system is in Travis County.|Added by Acts 2009, 81st Leg., R.S., Ch. 1308 (H.B. 2559), Sec. 2, eff. September 1, 2009.|
TX Govt Code § 811.011 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.011. Statute of Limitations

Sec. 811.011.  STATUTE OF LIMITATIONS.  Subject to and without waiving the retirement system's sovereign immunity or the official immunity of the trustees, officers, and employees of the retirement system, unless specifically provided otherwise by another statute, the statute of limitations for a claim against the retirement system or a trustee, officer, or employee of the retirement system is two years.|Added by Acts 2009, 81st Leg., R.S., Ch. 1308 (H.B. 2559), Sec. 2, eff. September 1, 2009.|
TX Govt Code § 811.012 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter A. General Provisions|Section 811.012. Provision of Certain Information to Comptroller

Sec. 811.012.  PROVISION OF CERTAIN INFORMATION TO COMPTROLLER.  (a)  Not later than June 1, 2016, and once every five years after that date, the retirement system shall provide to the comptroller, for the purpose of assisting the comptroller in the identification of persons entitled to unclaimed property reported to the comptroller, the name, address, social security number, and date of birth of each member, retiree, and beneficiary from the retirement system's records.(b)  Information provided to the comptroller under this section is confidential and may not be disclosed to the public.(c)  The retirement system shall provide the information in the format prescribed by rule of the comptroller.|Redesignated from Government Code, Section 811.010 by Acts 2011, 82nd Leg., R.S., Ch. 91 (S.B. 1303), Sec. 27.001(21), eff. September 1, 2011.Redesignated and amended from Government Code, Section 811.010 by Acts 2011, 82nd Leg., R.S., Ch. 1249 (S.B. 1664), Sec. 4, eff. September 1, 2011.|
TX Govt Code § 811.101 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter B. Penal Provisions|Section 811.101. Conversion of Funds; Fraud

Sec. 811.101.  CONVERSION OF FUNDS;  FRAUD.  (a)  A person commits an offense if the person knowingly or intentionally confiscates, misappropriates, or converts funds representing deductions from a member's salary either before or after the funds are received by the retirement system.(b)  A person commits an offense if the person knowingly or intentionally makes a false statement or falsifies or permits to be falsified any record of the retirement system in an attempt to defraud the retirement system.(c)  A member commits an offense if the member knowingly receives as a salary money that should have been deducted as provided by this subtitle from the member's salary.(d)  A person commits an offense if the person knowingly or intentionally violates an applicable requirement of this subtitle other than one described by Subsection (a), (b), or (c).|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.101 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 811.102 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 811 - General Provisions|Subchapter B. Penal Provisions|Section 811.102. Penalties

Sec. 811.102.  PENALTIES.  (a)  An offense under Section 811.101(a) or 811.101(b) is a felony punishable by imprisonment in the Texas Department of Criminal Justice for not less than one nor more than five years.(b)  An offense under Section 811.101(c) is a misdemeanor punishable by a fine of not less than $100 nor more than $5,000.(c)  An offense under Section 811.101(d) is a misdemeanor punishable by a fine of not less than $100 nor more than $1,000.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 21.102 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 25.082, eff. September 1, 2009.|
TX Govt Code § 812.001 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 812 - Membership|Subchapter A. Membership|Section 812.001. Membership Classes

Sec. 812.001.  MEMBERSHIP CLASSES.  The two classes of membership in the retirement system are the elected class and the employee class.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 22.001 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 812.002 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 812 - Membership|Subchapter A. Membership|Section 812.002. Membership in Elected Class

Sec. 812.002.  MEMBERSHIP IN ELECTED CLASS.  (a)  Membership in the elected class of the retirement system is limited to:(1)  persons who hold state offices that are normally filled by statewide election and that are not included in the coverage of the Judicial Retirement System of Texas Plan One or the Judicial Retirement System of Texas Plan Two;(2)  members of the legislature;  and(3)  district and criminal district attorneys, to the extent that they receive salaries from the state general revenue fund.(b)  Membership in the elected class is optional.(c)  An eligible person becomes a member of the elected class by filing a notice of intention to become a member with the board of trustees on a form prescribed by the board.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1985, 69th Leg., ch. 602, Sec. 4, Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 22.002 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.|
TX Govt Code § 812.003 (2021)
2021 Texas Statutes|Government Code|Title 8 - Public Retirement Systems|Subtitle B - Employees Retirement System of Texas|Chapter 812 - Membership|Subchapter A. Membership|Section 812.003. Membership in Employee Class

Sec. 812.003.  MEMBERSHIP IN EMPLOYEE CLASS.  (a)  Except as provided by Subsection (b), membership in the employee class of the retirement system includes all employees and appointed officers of every department, commission, board, agency, or institution of the state except:(1)  independent contractors and their employees performing work for the state; and(2)  persons disqualified from membership under Section 812.201.(b)  An office or employment that is included in the coverage of the Teacher Retirement System of Texas, the Judicial Retirement System of Texas Plan One, or the Judicial Retirement System of Texas Plan Two or, except as provided by Section 9.01, Chapter 238 (S.B. 378), Acts of the 73rd Legislature, Regular Session, 1993, is with a university system or institution of higher education, as defined by Section 61.003, Education Code, is not a position with a department, commission, board, agency, or institution of the state for purposes of this subtitle.(c)  Membership in the employee class is mandatory for eligible persons.(d)  Membership in the employee class begins on the first day a person is employed or holds office.(e)  A person who is reemployed or who again holds office after withdrawing contributions under Subchapter B for previous service credited in the employee class begins membership in the employee class on the first day the person is reemployed or again holds office.(f)  Repealed by Acts 2015, 84th Leg., R.S., Ch. 331 , Sec. 4, eff. September 1, 2015.|Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981.  Amended by Acts 1985, 69th Leg., ch. 602, Sec. 5, Sept. 1, 1985.  Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 22.003 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989;  Acts 2003, 78th Leg., ch. 1111, Sec. 12, 41, eff. Sept. 1, 2003.Amended by: Acts 2005, 79th Leg., Ch. 347 (S.B. 1176), Sec. 4, eff. September 1, 2005.Acts 2013, 83rd Leg., R.S., Ch. 618 (S.B. 1459), Sec. 4, eff. September 1, 2013.Acts 2015, 84th Leg., R.S., Ch. 331 (H.B. 9), Sec. 1, eff. September 1, 2015.Acts 2015, 84th Leg., R.S., Ch. 331 (H.B. 9), Sec. 4, eff. September 1, 2015.|