H.B. No. 150 amends Chapter 813.402 of the Government Code to clarify the conditions under which a member can establish service credit for a year in which they are eligible for office. The bill allows a member to establish service credit for any calendar year during which they either held an office included in the elected class or were eligible to take the oath for such an office. Additionally, the bill introduces a new requirement that the member must not have any unexcused absences from their chamber of the legislature during any period when that chamber lacked a quorum to conduct business.

The bill outlines the process for establishing credit, which involves depositing a lump sum contribution with the retirement system, calculated as specified in Section 813.404, along with interest at an annual rate of 10 percent from the fiscal year in which the service was performed until the date of deposit. This legislation is set to take effect on the 91st day after the last day of the legislative session.

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