Texas 89th Legislature, Regular Session Status: Introduced

HB 2783 — Relating to automatic participation by certain county employees in deferred compensation plans provided by certain counties.

Last action — Received from the House

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  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 89th Legislature, Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Relating to automatic participation by certain county employees in deferred compensation plans provided by certain counties.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 2783 on the official Texas source →

How this bill changes current law

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AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill amends 2 section(s) of the Texas statutes: Section 609.007(c), Government Code, Section 609.1026, Government Code.

  • Section 609.007(c), Government Code

    609.1026, ,

    amended

  • Section 609.1026, Government Code

    Sec. 609.1026. AUTOMATIC PARTICIPATION BY CERTAIN COUNTY EMPLOYEES; DEFAULT INVESTMENT PRODUCT. (a) In this section, "electing county" means a county that elects to require automatic employee participation in a deferred compensation plan under this section. (b) The commissioners court of a county that offers a deferred compensation plan to the county's employees under this subchapter may by order elect to require automatic employee participation in a deferred compensation plan under this section. (c) An employee of an electing county automatically participates in a deferred compensation plan provided by the county unless the employee affirmatively elects not to participate in the plan. The employee is not required to affirmatively contract for and consent to participation in a plan under this section. (d) An employee participating in a deferred compensation plan under this section makes a contribution of three percent of the compensation earned by the employee to a default investment product selected by the plan administrator based on the criteria established under Section 609.113 and the order adopted under Subsection (b), including requirements prescribed in accordance with Subsection (g). The contribution is made by automatic payroll deduction. (e) At any time, an employee participating in a deferred compensation plan under this section may, in accordance with the order adopted by the commissioners court of the electing county, or its designee, elect to end participation in the plan, to contribute to a different investment product, to contribute a different amount to the plan, or to designate all or a portion of the employee's contribution as a Roth contribution subject to the availability of a Roth contribution program. (f) An electing county shall ensure that, at the time of employment, each employee is informed of: (1) the elections the employee may make under this section; and (2) the responsibilities of the employee under Section 609.010. (g) In the order adopted under Subsection (b), the commissioners court of an electing county, or its designee, shall prescribe the requirements of this section. The order must ensure that the operation of a deferred compensation plan under this section conforms to the applicable requirements of any federal rule that provides fiduciary relief for investments in qualified default investment alternatives or otherwise governs default investment alternatives under participant-directed individual account plans. (h) The amount deducted under this section from an employee's compensation is not deducted for payment of a debt and the automatic payroll deduction is not garnishment or assignment of wages. (i) Using existing resources, the electing county shall inform new employees of their automatic enrollment in a deferred compensation plan and their right to opt out of enrollment. Using existing resources, this information must be included as part of the new employee orientation process. The county shall maintain a record of a new employee's acknowledgment of receipt of information regarding the ability to opt out of enrollment in a deferred compensation plan.

    added

Action History

  1. Received from the House

  2. Reported engrossed

  3. Statement(s) of vote recorded in Journal

  4. Record vote

  5. Passed

  6. Read 3rd time

  7. Statement(s) of vote recorded in Journal

  8. Record vote

  9. Passed to engrossment

  10. Read 2nd time

  11. Placed on General State Calendar

  12. Considered in Calendars

  13. Committee report sent to Calendars

  14. Committee report distributed

  15. Comte report filed with Committee Coordinator

  16. Reported favorably w/o amendment(s)

  17. Considered in formal meeting

  18. Left pending in committee

  19. Testimony taken/registration(s) recorded in committee

  20. Considered in public hearing

  21. Scheduled for public hearing on . . .

  22. Referred to Pensions, Investments & Financial Services

  23. Read first time

  24. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 10 co-sponsors · 173 not signed on

Sponsors (1)

Co-sponsors (10)

Not signed on (173)

173 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 2783 do?
Relating to automatic participation by certain county employees in deferred compensation plans provided by certain counties.
Who sponsors HB 2783?
HB 2783 is sponsored by Mihaela Plesa, Armando Walle, Linda Garcia, Philip Cortez, Erin Gámez, Jolanda Jones, Venton Jones, Christina Morales, Vincent Perez, Gene Wu, and Ward Johnson.
What is the current status of HB 2783?
This bill died with 89th Legislature, Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 2783?
Track HB 2783 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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