Texas 2023 - 88th Regular

Texas House Bill HB2490 Compare Versions

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11 88R9382 JCG-D
22 By: Jetton H.B. No. 2490
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to retirees of the Teacher Retirement System of Texas who
88 resume certain employment with a school district.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Section 825.4092(e), Government Code, is amended
1111 to read as follows:
1212 (e) The amounts required to be paid under Subsections (b)
1313 and (c) are not required to be paid by a reporting employer for a
1414 retiree who retired from the retirement system:
1515 (1) before September 1, 2005; or
1616 (2) on or after September 1, 2005, if the retiree is
1717 employed by a school district experiencing a teacher shortage, as
1818 determined by the Texas Education Agency.
1919 SECTION 2. The changes in law made by this Act apply to a
2020 retiree of the Teacher Retirement System of Texas regardless of
2121 whether the person retired from employment before, on, or after the
2222 effective date of this Act.
2323 SECTION 3. The changes in law made by this Act apply
2424 beginning with the 2023-2024 school year.
2525 SECTION 4. This Act takes effect immediately if it receives
2626 a vote of two-thirds of all the members elected to each house, as
2727 provided by Section 39, Article III, Texas Constitution. If this
2828 Act does not receive the vote necessary for immediate effect, this
2929 Act takes effect September 1, 2023.