Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 606.029 - Delinquent Payments(a) The retirement system may require in an agreement with a political subdivision that interest be paid on delinquent payments.(b) The retirement system may bring suit to collect a delinquent payment and interest on the payment.(c) The retirement system may direct the comptroller to deduct a delinquent payment and interest from funds payable by the state to the delinquent political subdivision that are expressly subject to deduction. The comptroller shall send to the retirement system in trust the amount deducted for the contribution of the delinquent political subdivision.Tex. Gov't. Code § 606.029
Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.39, eff. 9/1/1997.Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.