TITLE 34.PUBLIC FINANCE

Part 1. COMPTROLLER OF PUBLIC ACCOUNTS

Chapter 3. TAX ADMINISTRATION

Subchapter L. MOTOR FUEL TAX

34 TAC §3.185

The Comptroller of Public Accounts proposes an amendment to §3.185, concerning diesel tax prepaid user permit. The 77th Legislature, 2001, in House Bill 1241, amended Tax Code, Chapter 153 to provide a definition of an agriculture purpose of motor fuel.

Subsection (c) is amended to further clarify that an agricultural purpose does not include processing, packing, or marketing of agricultural products by someone other than the original producer. The amendment adds timber operations to the list of examples of farms, and it includes wildlife management as an agricultural non highway purpose.

James LeBas, Chief Revenue Estimator, has determined that for the first five-year period the amendment will be in effect there will be no significant revenue impact on the state or local government.

Mr. LeBas also has determined that for each year of the first five years the amendment is in effect the public benefit anticipated as a result of adopting the amendment will be in providing new information regarding tax responsibilities. This amendment is adopted under the Tax Code, Title 2, and does not require a statement of fiscal implications for small businesses. There is no significant anticipated economic cost to individuals who are required to comply with the proposed amendment.

Comments on the proposal may be submitted to Bryant K. Lomax, Manager, Tax Policy Division, P.O. Box 13528, Austin, Texas 78711-3528.

This amendment is proposed under Tax Code, §111.002, which provides the comptroller with the authority to prescribe, adopt, and enforce rules relating to the administration and enforcement of the provisions of Tax Code, Title 2.

The amendment implements Tax Code, §§153.205, 153.209, and 153.210.

§3.185.Diesel Tax Prepaid User Permit.

(a) Those who qualify for an agricultural bonded user permit may obtain a diesel tax prepaid user permit instead, if they satisfy the requirements for a diesel tax prepaid user permit.

(b) To qualify for a diesel tax prepaid user permit, an applicant must:

(1) use at least 51% of all the diesel fuel purchased by the applicant for agricultural nonhighway purposes;

(2) not own or operate diesel-powered passenger cars or light trucks that are not within the weight classes listed in subsection (e) of this section; and

(3) have bulk diesel storage tank(s) used only by the applicant.

(c) Use for an [ An ] agricultural nonhighway purpose means [ for the purpose of ] use in nonhighway agricultural equipment, such as a tractor or combine, on a farm or ranch. Use for an agricultural nonhighway purpose does not include use in processing, packaging, or marketing of agricultural products by entities other than the original producer of the agricultural products. A farm or ranch is one or more tracts of land used, either in whole or in part, in the production of crops, livestock, and/or other agricultural products held for sale in the regular course of business. A feed lot, dairy farm, poultry farm, commercial orchard, commercial nursery, timber operation or similar commercial agricultural operation is a farm or ranch. Timber operations include the production of timber, land preparation, planting, maintenance, and gathering of trees that are commonly grown for commercial timber. An agricultural use includes wildlife management as defined by the Tax Code, §23.51(7). A home garden [ or timber operation ] is not a farm or ranch.

(d) An application for a diesel tax prepaid user permit must be made to the comptroller for each vehicle. Permits must be renewed every 12 months.

(e) The cost of the permit shall be determined according to the following schedule:

Figure: 34 TAC §3.185(e)(No Change)

(f) Following are the requirements for a nonrefundable credit.

(1) If the cost of the annual permit is greater than the amount of tax due on the diesel fuel actually consumed during the permit year, a nonrefundable credit equal to the difference may be claimed, provided the required renewal date of the permit is October 1, 1995, or later.

(2) The credit may only be applied against the cost of renewal or purchase of a new diesel tax prepaid user permit for the following year, and the credit is valid for one year beginning with the required renewal date of the permit.

(3) The odometer of the vehicle for which a diesel tax prepaid user permit is held must be maintained in working order. If not, a credit claim cannot be approved.

(g) A claim for a nonrefundable credit must be filed on a form that the comptroller furnishes.

(1) A distribution log must be submitted with an application for renewal of a diesel tax prepaid user permit. The distribution log must reflect the following information:

(A) the date of each delivery of diesel fuel into the fuel supply tank of the motor vehicle for which the permit is held;

(B) the number of gallons delivered;

(C) the odometer reading of the motor vehicle at the time of delivery; and

(D) the state license plate number or vehicle identification number of the motor vehicle.

(2) Purchase invoices for diesel fuel delivered into the fuel supply tank of a motor vehicle for which a diesel tax prepaid user permit is held from other than one's own storage, must contain:

(A) the name of the seller;

(B) the name of the purchaser;

(C) the date of delivery;

(D) the number of gallons delivered;

(E) the odometer reading of the motor vehicle at the time of delivery;

(F) the state license plate number or vehicle identification number of the motor vehicle; and

(G) the signature of the recipient.

(3) Records pertaining to odometer repair or replacement.

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State, on August 7, 2001.

TRD-200104510

Martin Cherry

Deputy General Counsel for Tax Policy and Agency Affairs

Comptroller of Public Accounts

Earliest possible date of adoption: September 23, 2001

For further information, please call: (512) 463-4062


Part 3. TEACHER RETIREMENT SYSTEM OF TEXAS

Chapter 25. MEMBERSHIP CREDIT

Subchapter B. COMPENSATION

34 TAC §§25.30 - 25.32

(Editor's note: The text of the following sections proposed for repeal will not be published. The sections may be examined in the offices of the Teacher Retirement System of Texas or in the Texas Register office, Room 245, James Earl Rudder Building, 1019 Brazos Street, Austin.)

The Teacher Retirement System of Texas (TRS) proposes the repeal of §§25.30-25.32 concerning percentage limits on compensation increases, conversion of noncreditable compensation to salary and conversion of certain career ladder payments. The repeals are proposed because TRS has determined that the sections are no longer needed and repeal will reduce paperwork for school districts and for TRS.

Ronnie Jung, Deputy Director, has determined that for the first five-year period the repeal is in effect, there will be no fiscal implications for state or local government except for a possible minimal cost to TRS as a result of enforcing or administering the repeal.

Mr. Jung has also determined that for each year of the first five years the repeal is in effect the anticipated public benefit will be the elimination of an unnecessary rule. There will be no effect on small businesses. There are no anticipated economic costs to the persons who are required to comply with the repeal as proposed.

Comments on the proposal may be submitted to Charles L. Dunlap, Executive Director, 1000 Red River, Austin, Texas 78701. Comments must be received no later than 30 days from the date the proposal is published in the Texas Register.

The repeal is proposed under Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System to adopt rules for the transaction of business of the Board. The repeal also affects Government Code §822.201, which provided the basis for the sections to be repealed.

No other codes are affected by the proposed repeal.

§25.30.Conversion of Noncreditable Compensation to Salary

§25.31.Percentage Limits on Compensation Increases

§25.32.Conversion of Certain Career Ladder Payments

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State, on August 10, 2001.

TRD-200104648

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Proposed date of adoption: September 27, 2001

For further information, please call: (512) 391-2115


Subchapter L. OTHER SPECIAL SERVICE CREDIT

34 TAC §25.161, §25.163

The Teacher Retirement System of Texas (TRS) proposes amendments to §25.161 concerning purchase of work experience service credit under Government Code §823.404 and a new rule §25.163 concerning permissive service credit purchase under Section 6 of Senate Bill 273, which adds Government Code §823.405 and was passed by the 77th Texas Legislature, 2001. The primary purpose of the proposed amendment to §25.161 is to update the actuarial tables needed to calculate the cost of purchasing work experience service credit to conform to benefit modifications in Senate Bill 273 passed by the 77th Texas Legislature, 2001 (the "Act"). An amended graphic is being submitted that reflects the new tables containing the amended factors used to calculate the costs. In accordance with the Act, the proposed new section §25.163 permits eligible TRS members to purchase one to three years of service credit provided the member has at least seven years of actual membership service in TRS and pays TRS the actuarial equivalent of the benefit to be received. The proposed new section also incorporates the actuarial tables that TRS will use to compute the actuarial cost to purchase the service credit. These new tables are being submitted as a new graphic. The proposed amendments and the proposed new section are simultaneously being adopted on an emergency basis.

Ronnie Jung, Deputy Director, has determined that for each year of the first five-year period the proposed amendments and the new section are in effect there will be no fiscal implications to state or local governments as a result of enforcing or administering the rule.

Mr. Jung has also determined that for each year of the first five years the rules are in effect the public benefit anticipated will be that the process for administering the new law will be in place for TRS members. Specifically, TRS staff will have clarification on how to calculate the cost of purchasing the career or technology work experience credit and the cost of purchasing up to three years of permissive service credit as well as administering the purchase of this type of service. There will be no effect on small businesses. There are no anticipated economic costs to the public or to the persons who are required to comply with the section as proposed.

Comments on the proposal may be submitted to Charles L. Dunlap, Executive Director, 1000 Red River, Austin, Texas 78701.

The amendments and the new section are proposed under the Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System ("Board") to adopt rules for the administration of the funds of the retirement system and for the transaction of business of the board. The amendments are also proposed under Government Code §823.404. Both the amendments and the new section are in accordance with the Act, which permits the Board to adopt rules to administer the new law.

Other laws affected by the proposed amendments to §25.161 are Education Code §21.403(b) and Government Code §823.006.

Other laws affected by the proposed new §25.163 are Government Code §823.405 and Government Code §823.006.

§25.161.Work Experience Service Credit.

(a) An eligible member may purchase one or two years of equivalent membership service credit in the Teacher Retirement System of Texas ("TRS") for eligible work experience in accordance with Government Code , §823.404 and subject to the approval of TRS and to any plan qualification requirements, including permissive service credit purchase restrictions under Government Code, §823.006 and/or the Internal Revenue Code of 1986, as amended from time to time. Permissive service credit purchase restrictions may limit the purchase of non-qualified service [ as defined in Texas Government Code §823.006 ] to a total of five years , and the service credit authorized under Government Code, §823.404 is non-qualified permissive service credit as defined in Government Code, §823.006. Therefore, previous purchases of non-qualified permissive service credit may count toward this total and, if so, will limit or negate an eligible member's ability to purchase service credit under Government Code, §823.404. A member is eligible to establish up to two years of equivalent membership service credit for eligible work experience if , at the time of the purchase, the member is employed by a TRS-covered employer and has at least five years of [ TRS ] membership service credit in TRS.

(b) Equivalent membership service credit for eligible work experience may be established by depositing with TRS the amounts described in subsection (c) of this section and by submitting certification , in the form and manner prescribed by TRS , that the member is entitled to salary step credit under [ §21.403(b) of the ] Education Code , §21.403(b) and is eligible to purchase the service credit.

(c) For each year of equivalent membership service credit described in this section and approved by TRS , the eligible member must deposit the actuarial present value, at the time of deposit, of the additional standard retirement annuity benefits that would be attributable to the conversion of the work experience into service credit to be purchased under this section. Upon receipt by TRS of the required amount, the member will be credited with the additional year(s) of service credit purchased up to the maximum years of permissive service credit allowed under Government Code, §§823.404 or 823.006, as applicable.

(d) To calculate these amounts, TRS will use the cost factors obtained from the two Service Purchase Tables furnished by the TRS actuary of record. Each of the [ The ] tables cross-reference [ cross reference ] the member's age in rows with years of credited service (before purchase) in columns. The intersection of the participant's age and service is the cost per $1,000 of salary. The cost factor remains constant after 30 years of service. Therefore, when an eligible member's service exceeds 30 years, the applicable cost factor is found at the intersection of the member's age and 30 years of service. TRS will calculate the cost to purchase service under this section by dividing the salary by 1000 and multiplying the resulting quotient by the appropriate cost factor obtained from the tables. The tables have been revised effective September 1, 2001. As revised, Table 1 sets forth the cost, per $1,000 of [ annual ] salary, to purchase one year of service. As revised, Table 2 sets forth [ shows ] the cost, per $1,000 of [ annual ] salary, to purchase two years of service. For purposes of this calculation, the term "salary" is defined effective September 1, 2001 as follows:

(1) For the upper region of each table (where the factors appear above the line in italics), salary is the greater of current annual salary or the average of the member's highest three years of compensation; and

(2) For the lower region of each table (where the factors appear below the line in bold), salary is the average of the member's highest three years of compensation. A member's highest three years of compensation shall be calculated as if the member were retiring at the time the service credit is purchased. The lower region [ shaded regions ] of each table (where factors appear below the line in bold) reflects those [ the tables reflect ] age and service combinations where the purchase of service credit results in the immediate eligibility of the member for unreduced retirement benefits.

Figure 1: 34 TAC 25.161(d)(2)

Figure 2: 34 TAC 25.161(d)(2)

Figure 3: 34 TAC 25.161(d)(2)

Figure 4: 34 TAC 25.161(d)(2)

[ Figure 1: 34 TAC 25.161(d) ]

[ Figure 2: 34 TAC 25.161(d) ]

(e) The purchase cost described in subsection (d) of this section assumes a lump-sum deposit will be made. If deposits are made over a period of time as allowed by TRS, the purchase cost will be adjusted to reflect the actuarial present value of the benefits attributable to the purchased service credit. [ The cost factor reflected at the intersection of the eligible member's age and service in the non-shaded areas reflects the cost per $1000 of current annual salary to purchase one year of service (Table 1) or two years of service (Table 2). The cost factor reflected at the intersection of the eligible member's age and service in the shaded areas is the cost per $1,000 of final average compensation. The final average compensation will be used in calculating the cost where the purchase of the service results in immediate eligibility for unreduced retirement benefits and will be calculated as if the member were retiring at the time the service credit is purchased. The cost factor remains constant after 30 years of service. Therefore, when an eligible member's service exceeds 30 years, the applicable cost factor is found at the intersection of the member's age and 30 years of service. TRS will calculate the cost to purchase service under this section by dividing either the current annual salary or the final average compensation (as applicable) by 1000 and multiplying the resulting quotient by the appropriate cost factor obtained from the tables. ]

(f) Service credit purchased under this section may not be used to determine eligibility for the Texas Public School Retired Employees Group Insurance Program per Insurance Code, Article 3.50-4, §2(10)(A). [ The purchase cost described in subsection (e) of this section assumes a lump-sum deposit will be made. If deposits are made over a period of time as allowed by TRS, the purchase cost will be adjusted to reflect the actuarial present value of the benefits attributable to the purchased service. ]

§25.163.Service Credit Purchase.

(a) Effective September 1, 2001, an eligible member may purchase one, two or three years of equivalent membership service credit in the Teacher Retirement System of Texas ("TRS") in accordance with Government Code, §823.405 and subject to the approval of TRS and to any plan qualification requirements, including permissive service credit purchase restrictions under Government Code, §823.006 and/or the Internal Revenue Code of 1986, as amended from time to time. Permissive service credit purchase restrictions may limit the purchase of non-qualified service to a total of five years, and the service credit authorized under Government Code, §823.405 is non-qualified permissive service credit as defined in Government Code, §823.006. Therefore, previous purchases of non-qualified permissive service credit may count toward this total and, if so, will limit or negate an eligible member's ability to purchase service credit under Government Code, §823.405. A member is eligible to establish up to three years of equivalent membership service credit if, at the time of the purchase, the member is employed by a TRS-covered employer and has at least seven years of actual membership service in TRS.

(b) "Actual membership service" has the meaning given to "membership service" in Government Code, §821.001(11), and means service during a time that a person is both an employee, as defined in Government Code, §821.001(6), and a member of the retirement system.

(c) Equivalent membership service credit under Government Code, §823.405 may be established by depositing with TRS the amounts described in this subsection. For each year of equivalent membership service credit described in this section and approved by TRS, the eligible member must deposit the actuarial present value, at the time of deposit, of the additional standard retirement annuity benefits that would be attributable to the service credit to be purchased under this section. Upon receipt by TRS of the required amount, the member will be credited with the additional year(s) of service credit purchased up to the maximum years of permissive service credit allowed under Government Code, §§823.405 or 823.006, as applicable.

(d) To calculate these amounts, TRS will use the cost factors obtained from the three Service Purchase Tables furnished by the TRS actuary of record. Each of the tables cross-reference the member's age in rows with years of credited service (before purchase) in columns. The intersection of the participant's age and service is the cost per $1,000 of salary. The cost factor remains constant after 30 years of service. Therefore, when an eligible member's service exceeds 30 years, the applicable cost factor is found at the intersection of the member's age and 30 years of service. TRS will calculate the cost to purchase service under this section by dividing the salary by 1000 and multiplying the resulting quotient by the appropriate cost factor obtained from the tables. Table 1 sets forth the cost, per $1,000 of salary, to purchase one year of service. Table 2 sets forth the cost, per $1,000 of salary, to purchase two years of service. Table 3 sets forth the cost, per $1,000 of salary, to purchase three years of service. For purposes of this calculation, the term "salary" is defined as follows:

(1) For the upper region of each table (where the factors appear above the line in italics), salary is the greater of current annual salary or the average of the member's highest three years of compensation; and

(2) For the lower region of each table (where the factors appear below the line in bold), salary is the average of the member's highest three years of compensation. A member's highest three years of compensation shall be calculated as if the member were retiring at the time the service credit is purchased. The lower region of each table (where factors appear below the line in bold) reflects those age and service combinations where the purchase of service credit results in the immediate eligibility of the member for unreduced retirement benefits.

Figure 1: 34 TAC 25.163 (d)(2)

Figure 2: 34 TAC 25.163 (d)(2)

Figure 3: 34 TAC 25.163 (d)(2)

Figure 4: 34 TAC 25.163 (d)(2)

Figure 5: 34 TAC 25.163 (d)(2)

Figure 6: 34 TAC 25.163 (d)(2)

(e) The purchase cost described in subsection (d) of this section assumes a lump-sum deposit will be made. If deposits are made over a period of time as allowed by TRS, the purchase cost will be adjusted to reflect the actuarial present value of the benefits attributable to the purchased service credit.

(f) Service credit purchased under this section may not be used to determine eligibility for the Texas Public School Retired Employees Group Insurance Program per Insurance Code, Article 3.50-4, §2(10)(A).

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State, on August 10, 2001.

TRD-200104651

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Proposed date of adoption: September 27, 2001

For further information, please call: (512) 391-2115


Chapter 29. BENEFITS

Subchapter A. RETIREMENT

34 TAC §29.25

(Editor's note: The text of the following section proposed for repeal will not be published. The section may be examined in the offices of the Teacher Retirement System of Texas or in the Texas Register office, Room 245, James Earl Rudder Building, 1019 Brazos Street, Austin.)

The Teacher Retirement System of Texas (TRS) proposes the repeal of §29.25 concerning reduction of disability benefits for excess earnings. The repeal is proposed because the law that authorizes the section (Government Code §824.306) was repealed by section 29 of Senate Bill 273, 77th Texas Legislature, 2001. The repeal of Government Code §824.306 becomes effective September 1, 2001.

Government Code §824.306 generally required certain disability retirees to file annual earnings reports with TRS and permitted TRS to adopt rules establishing limits on the annual earnings of disability retirees. The repeal of Government Code §824.306 renders §29.25 unnecessary.

Ronnie Jung, Deputy Director, has determined that for the first five-year period the repeal is in effect, there will be no fiscal implications for state or local government except for a possible minimal cost to TRS as a result of enforcing or administering the repeal.

Mr. Jung has also determined that for each year of the first five years the repeal is in effect the anticipated public benefit will be the elimination of an unnecessary rule. There will be no effect on small businesses. There are no anticipated economic costs to the persons who are required to comply with the repeal as proposed.

Comments on the proposal may be submitted to Charles L. Dunlap, Executive Director, 1000 Red River, Austin, Texas 78701. Comments must be received no later than 30 days from the date the proposal is published in the Texas Register.

The repeal is proposed under §29 of Senate Bill 273, 77th Texas Legislature, 2001, which repeals the law that provided the basis of the section (Government Code §824.306), and under Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System to adopt rules for the transaction of business of the Board.

No other codes are affected by the proposed repeal.

§29.25.Reduction of Disability Benefits for Excess Earnings.

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State, on August 10, 2001.

TRD-200104649

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Proposed date of adoption: September 27, 2001

For further information, please call: (512) 391-2115


Chapter 41. INSURANCE PROGRAMS

Subchapter B. LONG-TERM CARE, DISABILITY AND LIFE INSURANCE

34 TAC §41.19, §41.20

The Teacher Retirement System of Texas (TRS) proposes amendments to §§41.19 and 41.20 concerning enrollment periods and effective dates of coverage under the group long-term care insurance program for Texas public school employees and retirees. The amendments would increase the enrollment timeframe for newly hired eligible participants from the 30th day after the effective date of employment to the 90th day after the effective date of employment. The purpose of the amendments is to allow more time for newly hired eligible participants to choose to enroll in the program without evidence of insurability.

Ronnie Jung, Deputy Director, has determined that for each year of the first five-year period the rule is in effect there will be no fiscal implications to state or local governments as a result of enforcing or administering the rule.

Mr. Jung has also determined that for each year of the first five years the rule is in effect the public benefit anticipated will be that newly hired eligible participants will have more opportunity to enroll in the program. There will be no effect on small businesses. There are no anticipated economic costs to the persons who are required to comply with the rule as proposed.

Comments on the proposal may be submitted to Charles L. Dunlap, Executive Director, 1000 Red River, Austin, Texas 78701.

The amendments are proposed under the Insurance Code art. 3.50-4A, which gives TRS authority to adopt rules as necessary to implement and administer the Texas Public School Employees Group Long-Term Care Insurance Program. The amendments are also proposed under Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System to adopt rules for the transaction of business of the Board.

No other codes are affected by the proposal.

§41.19.Enrollment Periods for Texas Public School Employees and Retirees Group Long-Term Care Insurance Program.

(a) - (c) (No change.)

(d) The standard enrollment period for newly hired eligible participating members and their eligible family members to participate in the long-term care insurance program shall begin on the effective date of employment and end at 11:59 p.m. Central Time on the 90th [ 30th ] day after the effective date of employment.

(e) - (i) (No change.)

§41.20.Effective Date of Coverage Under the Texas Public School Employees and Retirees Group Long-Term Care Insurance Program.

(a) - (c) (No change.)

(d) Coverage for newly hired eligible participating members of the Teacher Retirement System of Texas who enroll during their first 90 [ 30 ] days of eligibility shall be effective on the first day of the month following the carrier's receipt of complete enrollment materials.

(e) Coverage for eligible family members of newly hired eligible participating members of the Teacher Retirement System of Texas who enroll during their first 90 [ 30 ] days of eligibility and who satisfy underwriting guidelines shall be effective on the first day of the month after the date the Carrier grants underwriting approval.

(f) (No change.)

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State, on August 10, 2001.

TRD-200104650

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Proposed date of adoption: September 27, 2001

For further information, please call: (512) 391-2115


Subchapter C. TEXAS SCHOOL EMPLOYEES GROUP HEALTH

34 TAC §41.31, §41.32

The Teacher Retirement System of Texas (TRS) proposes new §41.31 and §41.33 concerning the requirements to bid for contracts related to the Texas School Employees Uniform Group Health Coverage Program ("Program"). The proposed new sections will partially implement new Insurance Code article 3.50-7, which was passed by the 77th Texas Legislature, 2001 in House Bill 3343 (the "Act").

In accordance with the Act, the proposed sections set forth competitive bidding requirements for the selection of contractors. The selection requirements include minimum premium, service or product income requirements and minimum service volume requirements. These criteria are necessary to ensure that potential bidders have demonstrated financial stability and experience in handling groups of the Program's size. The requirements are designed to ensure the integrity of the new Program and are consistent with the Act, which provides that TRS may consider "ability to service contracts, past experiences, financial stability, and other relevant criteria." The proposed sections also set forth certain procedural requirements for bid submission.

Ronnie Jung, Deputy Director, has determined that for each year of the first five-year period the rule is in effect, there will be no fiscal implications to state or local governments as a result of enforcing or administering the rule.

Mr. Jung has also determined that for each year of the first five years the sections are in effect the public benefit anticipated will be that the group health coverage established by Insurance Code article 3.50-7 will be contracted for in accordance with the Act. The proposed sections are not regulatory in nature, and apply only to carriers that choose to bid on the plans or services established under the Act (no carrier is required to bid). Therefore, there are no anticipated economic costs to persons who are required to comply with the sections as proposed, or to small businesses.

Comments on the proposal may be submitted to Charles L. Dunlap, Executive Director, 1000 Red River, Austin, Texas 78701.

The new sections are proposed under the Government Code, Chapter 825, §825.102, which authorizes the Board of Trustees of the Teacher Retirement System to adopt rules for the administration of the funds of the retirement system. Further, they are proposed under the Act, including §3(d), which provides that competitive bidding shall be required under rules adopted by TRS and §3(c), which authorizes TRS to adopt rules relating to the Program as considered necessary by TRS.

No other codes are affected by the proposal.

§41.31.Eligible Bidders.

(a) The Texas School Employees Uniform Group Health Coverage Program may include separate contracts for:

(1) health benefit plan;

(2) prescription drug provider;

(3) administrative services;

(4) utilization review; and

(5) services to provide other ancillary benefits.

(b) To be eligible to bid on health benefit services or products, prescription drugs or administrative services, a bidder must have:

(1) annual health benefit premiums or services or product income of at least $1 billion; and

(2) currently be servicing at least twice as many persons as will be covered under this program as determined by the Teacher Retirement System.

§41.32.Bid Procedure.

(a) All bids must be received no later than the date and time set by the Teacher Retirement System. Late bids will be returned to the bidder unopened. Late bids will not be considered under any circumstances.

(b) The bid opening shall take place at a date and time set by the Teacher Retirement System.

(c) In determining the quality of the bids, the Board of Trustees or its designee may consider such factors and criteria as they deem relevant.

(d) Bids must be valid for at least 120 days following the proposal receipt date.

(e) TRS shall not provide compensation to bidders for any expenses incurred by the bidder for bids preparation or for any demonstrations that may be made. Bidders submit bids at their own risk and expense.

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State, on August 10, 2001.

TRD-200104653

Charles Dunlap

Executive Director

Teacher Retirement System of Texas

Proposed date of adoption: September 27, 2001

For further information, please call: (512) 391-2115