H.J.R. No. 2
A JOINT RESOLUTION
proposing a constitutional amendment authorizing the 88th
Legislature to provide a cost-of-living adjustment to certain
annuitants of the Teacher Retirement System of Texas.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article XVI, Texas Constitution, is amended by
adding Section 67-a to read as follows:
Sec. 67-a. (a) As the Teacher Retirement System of Texas is
actuarially sound according to an actuarial valuation update
performed in February 2023, the 88th Legislature, Regular Session,
2023:
(1) by general law may provide a cost-of-living
adjustment to annuitants of the Teacher Retirement System of Texas
who are eligible for the adjustment as determined by that general
law; and
(2) may appropriate an amount of money from the
general revenue fund to the comptroller of public accounts for
deposit to the trust fund of the Teacher Retirement System of Texas
to pay the adjustment authorized by Subdivision (1) of this
subsection.
(b) For purposes of Section 22, Article VIII, of this
constitution, an appropriation of state tax revenues made by the
88th Legislature, Regular Session, 2023, for the purpose described
by Subsection (a)(1) of this section is treated as if it were an
appropriation of revenues dedicated by this constitution.
(c) This section expires September 1, 2025.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2023.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment authorizing the 88th
Legislature to provide a cost-of-living adjustment to certain
annuitants of the Teacher Retirement System of Texas."
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.J.R. No. 2 was passed by the House on April
28, 2023, by the following vote: Yeas 147, Nays 0, 1 present, not
voting; and that the House concurred in Senate amendments to H.J.R.
No. 2 on May 25, 2023, by the following vote: Yeas 140, Nays 0, 3
present, not voting.
______________________________
Chief Clerk of the House
I certify that H.J.R. No. 2 was passed by the Senate, with
amendments, on May 22, 2023, by the following vote: Yeas 31, Nays
0.
_______________________________
Secretary of the Senate
RECEIVED: _____________________
Date
_____________________
Secretary of State