1. (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. (1) The Securities Commissioner is designated as the pool administrator.
   2. (2) The pool administrator will establish operating procedures consistent with the requirements of this subsection and relevant law governing operation of the pool.
   3. (3) Donations to the pool are strictly voluntary.

2. (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. (1) The Securities Commissioner is designated as the pool administrator.
   2. (2) The pool administrator will establish operating procedures consistent with the requirements of this subsection and relevant law governing operation of the pool.
   3. (3) Donations to the pool are strictly voluntary.

Source Note:The provisions of this §101.8 adopted to be effective November 21, 2021, 46 TexReg 7780.