85S10282 MK-D
By: Darby H.B. No. 76
A BILL TO BE ENTITLED
AN ACT
relating to a supplemental appropriation for Teacher Retirement
System of Texas retiree health.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. (a) In addition to amounts previously
appropriated to the Teacher Retirement System for the state fiscal
biennium ending August 31, 2019, for Strategy A.2.1, Retiree Health
- Statutory Funds, the amount of $50,000,000 is appropriated out of
the general revenue fund to that agency for the state fiscal year
ending August 31, 2018, and the amount of $50,000,000 is
appropriated out of the general revenue fund to that agency for the
state fiscal year ending August 31, 2019.
(b) In this section, "Strategy A.2.1, Retiree Health -
Statutory Funds" means that strategy for the Teacher Retirement
System as provided by S.B. 1, Acts of the 85th Legislature, Regular
Session, 2017 (the General Appropriations Act).
SECTION 2. 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. 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.