Tex. Gov't Code § 855.404 · Subchapter E. COLLECTION OF CONTRIBUTIONS
MUNICIPALITY EXPENSE CONTRIBUTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each participating municipality shall pay to the retirement system an expense contribution prescribed in accordance with this section.
(b) The board of trustees, before January 1 of each year, shall set the rate of the contribution necessary to provide an amount required to pay the difference between:
(1) the estimated administrative expenses for the following year; and
(2) the anticipated revenue, from sources other than municipality contributions, to be used for the expenses of the year as adjusted for a surplus or deficiency existing on January 1 of that year.
(c) The rate set by the board of trustees under Subsection (b) may not exceed 50 cents a month for each member.
(d) The board of trustees shall certify the rate set under Subsection (b) to each participating municipality before January 1 of the year for which the rate is set.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 65.404 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.855.htm
- Text hash
- sha256 283ab31dcc8d17a3bb0b546f600642251f425033bad99767ebac248e6e2da20a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 2 provisions
Provisions in this library whose text cites Tex. Gov't Code § 855.404. Each shows the citation as that text prints it.
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