Relating to the Texas Emergency Services Retirement System.
SB 2065 amends Texas law to clarify how the Texas Emergency Services Retirement System (TESRS) manages its funding. It defines key terms like "legacy liability" (the unfunded pension debt as of August 2024) and creates new categories for tracking changes in the system's financial health, such as "liability gain layers" (reductions in debt) and "liability loss layers" (increases in debt). These changes standardize how the system's funding status is assessed and reported, requiring annual adjustments based on contributions and a 7% investment return assumption. The bill directly affects emergency service workers (like firefighters and EMTs) who rely on TESRS benefits, ensuring clearer accountability in managing the system's long-term financial obligations.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
Apr 2025
Senate Passage
May 2025
House Passage
May 2025
Signed into Law
May 2025
Introduced Mar 7, 2025
Signed May 15, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
5 edits
·
May 15, 2025
MODERATE
This bill was formatted and finalized from its engrossed version to the enrolled version, with minor text cleanup and the addition of certification signatures. The substantive policy content regarding the Texas Emergency Services Retirement System remains unchanged, including definitions, funding rules, and effective dates.
TECHNICAL
Removed draft formatting markers and placeholder text, replacing them with clean, final bill text ready for signing.
Added certification signatures for the Senate President, House Speaker, Secretary of the Senate, and Chief Clerk to confirm passage by both legislative chambers.
Included certification statements confirming the bill passed the Senate on April 7, 2025, and the House on April 30, 2025.
Added the Governor's approval signature line to complete the enrolled bill process.
Corrected minor formatting inconsistencies and spacing issues present in the earlier draft version.
Floor votes · House Apr 29, 2025
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
45
Key actions
13
Committee
9
May 15, 2025
Signed into law
Signed by the Governor
executive
May 5, 2025
Lower · Passed
Signed in the House
lower
May 5, 2025
Upper · Passed
Signed in the Senate
upper
Apr 30, 2025
Upper · Passed
House passage reported
upper
Apr 30, 2025
Lower · Passed
Passed
lower
Apr 29, 2025
House · Passed
House Vote: pass (144-1)
house
Apr 28, 2025
Lower · Passed
Committee report distributed
lower
Apr 24, 2025
Lower · Passed
Reported favorably w/o amendment(s)
lower
Apr 24, 2025
Committee
Recommended to be sent to Local & Consent
lower
Apr 17, 2025
Committee
Referred to Pensions, Investments & Financial Services
lower
Apr 17, 2025
Introduced
Read first time
lower
Apr 8, 2025
Introduced
Received from the Senate
lower
Apr 7, 2025
Upper · Passed
Passed
upper
Apr 2, 2025
Upper · Passed
Committee report printed and distributed
upper
Apr 2, 2025
Upper · Passed
Reported favorably w/o amendments
upper
Apr 2, 2025
Upper · Passed
Vote taken in committee
upper
Apr 2, 2025
Upper · Passed
Testimony taken in committee
upper
Mar 24, 2025
Committee
Referred to Finance
upper
Mar 24, 2025
Introduced
Read first time
upper
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ben Bumgarner
RRepublican
P
Greg Bonnen
RRepublican
P
Joan Huffman
RRepublican
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