Texas 2017 - 85th 1st C.S.

Texas Senate Bill SB97 Latest Draft

Bill / Introduced Version Filed 07/20/2017

                            By: Perry S.B. No. 97


 A BILL TO BE ENTITLED
 AN ACT
 relating to the dedication of a portion of state lottery proceeds to
 the funding of salary increases and bonuses for experienced public
 school classroom teachers and costs associated with school district
 teacher retirement contributions.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 466.355, Government Code, is amended by
 adding Subsection (d) to read as follows:
 (d)  Of the money transferred to the foundation school fund
 under Subsection (b)(4)(B) in each state fiscal year, 50 percent
 shall be used only for funding salary increases for public school
 classroom teachers with at least six years of teaching experience
 and school district costs exclusively associated with teacher
 retirement contributions authorized by this section, and any
 portion of the 50 percent remaining after giving priority to
 funding for those purposes shall be used for funding bonuses to
 public school classroom teachers with at least six years of
 teaching experience.
 SECTION 2.  This Act takes effect September 1, 2019.