Texas § 863.005 CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS.

Texas Statutes

§ 863.005 — CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS.

Texas § 863.005

Code GVGovernment Code

This text of Texas § 863.005 (CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 863.005 (2026).

Text

Sec. 863.005. CHARGE FOR CERTAIN PAST DUE CONTRIBUTIONS. The state board by rule may impose an interest charge on contributions due because of a correction of an error related to enrollment or qualified service. The charge must be based on the pension system's current assumed rate of return. Charges collected shall be deposited in the fund.

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Legislative History

Added by Acts 2009, 81st Leg., R.S., Ch. 697 (H.B. 2751 ), Sec. 5, eff. September 1, 2009. Amended by: Acts 2019, 86th Leg., R.S., Ch. 1165 (H.B. 3247 ), Sec. 10, eff. September 1, 2019.