Bill

HB 812

83(R) - 2013
Oversight
Transparency

Vote Recommendation

Yes
  • Neutral
  • Neutral
  • Neutral
  • Positive
  • Neutral

Author(s)

Byron Cook

Co-Author(s)

Rob Orr

Bill Caption

Relating to the sunset review of the board of trustees of the Employees Retirement System of Texas

Fiscal Notes

No significant fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated.

Bill Analysis

Summary of Legislation: This legislation subjects the board of trustees of the Employees Retirement System of Texas (ERS) to review by the Sunset Commission. The first review would be in 2015.  Subsequent reviews will be issued every 12th year.

Analysis: This legislation provides oversight that will help ensure transparency at the ERS and protect state assets and public securities.  We recommend legislators VOTE YES on HB 812.