85S10957 LED-D
By: Ashby H.B. No. 20
A BILL TO BE ENTITLED
AN ACT
relating to an appropriation of money from the economic
stabilization fund to decrease health insurance premiums and
deductibles for certain health benefit plans administered by the
Teacher Retirement System of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. The amount of $150 million is appropriated from
the economic stabilization fund to the retired school employees
group insurance fund established under Section 1575.301, Insurance
Code, for use by the Teacher Retirement System of Texas to decrease
the premiums and deductibles for the 2018 and 2019 plan years for
enrollees in the high deductible health plan established under
Section 1575.158, Insurance Code, as amended by H.B. 3976, 85th
Legislature, Regular Session, 2017.
SECTION 2. The Teacher Retirement System of Texas may use
funds appropriated by this Act only to decrease the premiums and
deductibles for the 2018 and 2019 plan years that would otherwise be
paid by enrollees in the high deductible health plan established
under Section 1575.158, Insurance Code, as amended by H.B. 3976,
85th Legislature, Regular Session, 2017.
SECTION 3. (a) Subject to Subsection (b) of this section:
(1) this Act takes effect immediately if it receives a
vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution; and
(2) if this Act does not receive the vote necessary for
immediate effect, this Act takes effect on the 91st day after the
last day of the legislative session.
(b) This Act takes effect only if it receives a vote of
two-thirds of the members present in each house of the legislature,
as provided by Section 49-g(m), Article III, Texas Constitution.