| 1 | 1 | | 85S10842 LED-D |
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| 2 | 2 | | By: Menéndez S.B. No. 103 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to a supplemental appropriation from the economic |
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| 8 | 8 | | stabilization fund for certain health benefit plans administered by |
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| 9 | 9 | | the Teacher Retirement System of Texas. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. (a) In addition to amounts previously |
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| 12 | 12 | | appropriated to the Teacher Retirement System for the state fiscal |
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| 13 | 13 | | biennium ending August 31, 2019, for Strategy A.2.1, Retiree Health |
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| 14 | 14 | | - Statutory Funds, the amount of $526,000,000 is appropriated from |
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| 15 | 15 | | the economic stabilization fund to that agency for the state fiscal |
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| 16 | 16 | | biennium ending August 31, 2019. The Teacher Retirement System of |
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| 17 | 17 | | Texas shall use funds appropriated by this Act in the manner the |
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| 18 | 18 | | agency determines is appropriate for any purpose for which money |
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| 19 | 19 | | appropriated for Strategy A.2.1, Retiree Health - Statutory Funds, |
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| 20 | 20 | | may be used. |
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| 21 | 21 | | (b) In this section, "Strategy A.2.1, Retiree Health - |
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| 22 | 22 | | Statutory Funds" means that strategy for the Teacher Retirement |
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| 23 | 23 | | System as provided by S.B. 1, Acts of the 85th Legislature, Regular |
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| 24 | 24 | | Session, 2017 (the General Appropriations Act). |
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| 25 | 25 | | SECTION 2. (a) Subject to Subsection (b) of this section: |
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| 26 | 26 | | (1) this Act takes effect immediately if it receives a |
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| 27 | 27 | | vote of two-thirds of all the members elected to each house, as |
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| 28 | 28 | | provided by Section 39, Article III, Texas Constitution; and |
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| 29 | 29 | | (2) if this Act does not receive the vote necessary for |
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| 30 | 30 | | immediate effect, this Act takes effect on the 91st day after the |
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| 31 | 31 | | last day of the legislative session. |
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| 32 | 32 | | (b) This Act takes effect only if it receives a vote of |
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| 33 | 33 | | two-thirds of the members present in each house of the legislature, |
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| 34 | 34 | | as provided by Section 49-g(m), Article III, Texas Constitution. |
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