85S11293 LED-D
By: Ashby, Darby, VanDeaver, Zerwas, Howard, H.B. No. 20
et al.
A BILL TO BE ENTITLED
AN ACT
relating to an appropriation of money from the economic
stabilization fund to decrease participants' health insurance
costs 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 $212.7 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 costs for the 2018 and 2019 plan years for participants
in the Texas Public School Employees Group Insurance Program
authorized by Chapter 1575, Insurance Code.
SECTION 2. The Teacher Retirement System of Texas may use
funds appropriated by this Act only to:
(1) decrease the premiums and deductibles that would
otherwise be paid during the 2018 and 2019 plan years by
participants in the Texas Public School Employees Group Insurance
Program authorized by Chapter 1575, Insurance Code; and
(2) reduce costs for an enrolled adult child with a
mental disability or a physical incapacity during the 2018 and 2019
plan years.
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.