87R2228 KFF-F     By: Huberty H.B. No. 805       A BILL TO BE ENTITLED   AN ACT   relating to certain increases in benefits under the firefighters'   relief and retirement fund in certain municipalities.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 11(c), Article 6243e.2(1), Revised   Statutes, is amended to read as follows:          (c)  Subject to Subsection (c-3) of this section and except   as provided by Subsection (c-4) of this section, beginning with the   fiscal year ending June 30, 2021, the benefits, including survivor   benefits, payable based on the service of a member who has   terminated active service and who is or would have been at least 55   years old, terminated active service under Section 4 of this   article before July 1, 2017, and is or would have been at least 48   years old, received or is receiving an on-duty disability pension   under Section 6(c) of this article, or died under the conditions   described by Section 7(c) of this article, shall be increased in   October of each year by a percentage rate equal to the most recent   five fiscal years' smoothed return, as determined by the fund   actuary, minus 475 basis points.          SECTION 2.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2021.