Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 7 - STATE SECURITIES BOARD
Chapter 101 - GENERAL ADMINISTRATION
Section 101.8 - Employee Leave Pools
Universal Citation: 7 TX Admin Code ยง 101.8
Current through Reg. 49, No. 12; March 22, 2024
(a) Family leave pool. A family leave pool is established to provide eligible employees more flexibility in bonding and caring for children during a child's first year following birth, adoption, or foster placement, and caring for a seriously ill family member or the employee, including pandemic-related illnesses or complications caused by a pandemic.
(1) The
Securities Commissioner is designated as the pool administrator.
(2) The pool administrator will establish
operating procedures consistent with the requirements of this subsection and
relevant law governing operation of the pool.
(3) Donations to the pool are strictly
voluntary.
(b) Sick leave pool. A sick leave pool is established to provide for the alleviation of the hardship caused to an employee and the employee's family if a catastrophic illness or injury forces the employee to exhaust all leave time earned by that employee and to lose compensation from the state.
(1) The Securities Commissioner is designated
as the pool administrator.
(2) The
pool administrator will establish operating procedures consistent with the
requirements of this subsection and relevant law governing operation of the
pool.
(3) Donations to the pool are
strictly voluntary.
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