1 | 1 | | 88R7622 JCG-D |
---|
2 | 2 | | By: Rogers H.B. No. 1790 |
---|
3 | 3 | | |
---|
4 | 4 | | |
---|
5 | 5 | | A BILL TO BE ENTITLED |
---|
6 | 6 | | AN ACT |
---|
7 | 7 | | relating to the payment of certain employer contributions for |
---|
8 | 8 | | employed retirees of the Teacher Retirement System of Texas. |
---|
9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
---|
10 | 10 | | SECTION 1. Section 825.4092, Government Code, is amended by |
---|
11 | 11 | | adding Subsection (h) to read as follows: |
---|
12 | 12 | | (h) Notwithstanding any other provision of this section, |
---|
13 | 13 | | the amounts required to be paid under Subsections (b) and (c) are |
---|
14 | 14 | | not required to be paid by a reporting employer for a retiree who |
---|
15 | 15 | | retired from the retirement system on or after September 1, 2005, |
---|
16 | 16 | | and is employed by the reporting employer during the 2023-2024 |
---|
17 | 17 | | school year or the 2024-2025 school year. This subsection expires |
---|
18 | 18 | | September 1, 2025. |
---|
19 | 19 | | SECTION 2. This Act takes effect immediately if it receives |
---|
20 | 20 | | a vote of two-thirds of all the members elected to each house, as |
---|
21 | 21 | | provided by Section 39, Article III, Texas Constitution. If this |
---|
22 | 22 | | Act does not receive the vote necessary for immediate effect, this |
---|
23 | 23 | | Act takes effect September 1, 2023. |
---|