89R15745 RDR-D     By: Y. Davis of Dallas H.B. No. 4875       A BILL TO BE ENTITLED   AN ACT   relating to the board of trustees of the retirement systems for   police and firefighters in certain municipalities.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Sections 3.01(b), (b-1), (b-4), (d), (e), and   (f), Article 6243a-1, Revised Statutes, are amended to read as   follows:          (b)  Subject to Subsections (b-1) and (b-2) of this section,   the board consists of 11 trustees who shall be selected and shall   serve as follows:                (1)  four [six] trustees appointed by the mayor, in   consultation with the city council;                (2)  three trustees elected under rules adopted by the   board by the members and pensioners of the pension system from a   slate of nominees, in a number determined under the rules, selected   and vetted by the nominations committee;                (3)  [subject to Subsection (b-3) of this section,] one   trustee who is a current [or former] police officer of the city   nominated and elected by members of the pension system under rules   adopted by the board; [and]                (4)  [subject to Subsection (b-3) of this section,] one   trustee who is a current [or former] fire fighter of the city   nominated and elected by members of the pension system under rules   adopted by the board;                (5)  one trustee who is a former police officer of the   city nominated and elected by members of the pension system under   rules adopted by the board; and                (6)  one trustee who is a former fire fighter of the   city nominated and elected by members of the pension system under   rules adopted by the board.          (b-1)  To be appointed or elected a trustee under Subsection   (b)(1) or (2) of this section, a person:                (1)  must have demonstrated financial, accounting,   business, investment, budgeting, real estate, or actuarial   expertise; and                (2)  may not be an elected official of the city.          (b-4)  A trustee is [not] required to reside in the   nominating [a particular] city [or county of this state].          (d)  A vacancy on the board in a trustee position under   Subsection (b)(1), [or] (2), (5), or (6) of this section shall be   filled in the same manner as the original appointment, or election.   The board by rule shall determine the manner by which a vacancy in a   trustee position under Subsection (b)(3) or (4) of this section is   filled.          (e)  The mayor shall determine whether all trustees   appointed under Subsection (b)(1) of this section hold office for   staggered two-year terms or staggered three-year terms. The   nominations committee shall determine whether all trustees elected   under Subsection (b)(2), (3), [or] (4), (5), or (6) of this section   hold office for staggered two-year terms or staggered three-year   terms. A trustee appointed or elected, as applicable, under   Subsection (b)(1) or (2) of this section may not serve for more than   six consecutive years on the board.          (f)  The election of the trustees under Subsection (b)(2),   (3), [or] (4), (5) or (6) of this section[, including an election   under Subsection (b-3) of this section to fill a trustee position   under Subsection (b)(3) or (4) of this section,] shall be held under   the supervision of the board, and the board shall adopt such rules   governing the election procedure as it considers appropriate, as   long as the rules are consistent with generally accepted principles   of secret ballot and majority rule.  The rules adopted by the board   shall be recorded in the minutes of the board and made available to   the members of any pension plan within the pension system.          SECTION 2.  Section 3.011(e), Article 6243a-1, Revised   Statutes, is amended to read as follows:          (e)  The nominations committee shall nominate trustees to   the board in accordance with Section [Sections] 3.01(b)(2) [and   (b-3)] of this article.          SECTION 3.  Sections 3.012(a) and (b), Article 6243a-1,   Revised Statutes, are amended to read as follows:          (a)  In accordance with procedures adopted by board rule, a   trustee:                (1)  appointed under Section 3.01(b)(1) of this article   may be removed by the mayor for cause; and                (2)  elected under Section 3.01(b)(2), (3), [or] (4),   (5), or (6) of this article may be removed by the nominations   committee for cause.          (b)  It is a cause for removal of a trustee from the board   that the trustee:                (1)  does not have at the time of taking office the   qualifications required by Section 3.01(b) or (b-1)(1) of this   article[, subject to Subsection (b-3) of that section];                (2)  does not maintain during service on the board the   qualifications required by Section 3.01(b) or (b-1)(1) of this   article[, subject to Subsection (b-3) of that section];                (3)  is ineligible for membership under Section   3.01(b-1)(2) or (b-2) of this article; or                (4)  is absent from more than one-third [40 percent] of   the meetings that the trustee is eligible to attend during a   calendar year [without an excuse approved by a majority vote of the   board].          SECTION 4.  Section 3.01(b-3), Article 6243a-1, Revised   Statutes, is repealed.          SECTION 5.  The changes in law made by this Act do not affect   the term of a member of the board of trustees of a pension system   administered under Article 6243a-1, Revised Statutes, serving on   the board on the effective date of this Act.          SECTION 6.  The changes in law made to Sections 3.01, 3.011,   and 3.012, Article 6243a-1, Revised Statutes, as amended by this   Act, apply only to an appointment or vacancy on a board of trustees   that occurs on or after the effective date of this Act.  An   appointment or vacancy on a board of trustees that occurs before the   effective date of this Act is governed by the law in effect on the   date of the meeting, and the former law is continued in effect for   that purpose.          SECTION 7.  This Act takes effect September 1, 2025.