Texas 2023 - 88th Regular

Texas House Bill HR2433 Latest Draft

Bill / Enrolled Version Filed 05/28/2023

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                            H.R. No. 2433


 R E S O L U T I O N
 BE IT RESOLVED by the House of Representatives of the State of
 Texas, 88th Legislature, Regular Session, 2023, That House Rule 13,
 Section 9(a), be suspended in part as provided by House Rule 13,
 Section 9(f), to enable the conference committee appointed to
 resolve the differences on Senate Bill 10 (certain benefits paid by
 the Teacher Retirement System of Texas) to consider and take action
 on the following matters:
 (1)  House Rule 13, Section 9(a)(2), is suspended to permit
 the committee to omit text not in disagreement in proposed SECTION 1
 of the bill, adding Section 824.703(a), Government Code, by
 striking "an additional" and substituting "a".
 Explanation:  The change is necessary to remove unnecessary
 language.
 (2)  House Rule 13, Sections 9(a)(3) and (4), are suspended
 to permit the committee to add text on a matter not in disagreement
 and not included in either the house or senate version of the bill
 in proposed SECTION 1 of the bill, by adding Section 824.703(c)(3),
 Government Code, to read as follows:
 (3)  is an alternate payee under Section 804.005, to be
 eligible for the adjustment:
 (A)  the annuitant must be living on the effective
 date of the adjustment; and
 (B)  the effective date of the annuitant's
 election to receive the annuity payment was on or before August 31,
 2020.
 Explanation:  The change is necessary to clarify that an
 alternate payee makes the election and specify that an alternate
 payee must be living on the effective date of the cost-of-living
 adjustment required by the proposed bill.
 (3)  House Rule 13, Sections 9(a)(3) and (4), are suspended
 to permit the committee to add text on a matter not in disagreement
 and not included in either the house or senate version of the bill
 by adding proposed SECTION 2(c) of the bill to read as follows:
 (c)  The amount of the supplemental payment is equal to:
 (1)  $7,500, if the annuitant is at least 75 years of
 age on any day of the calendar month before the calendar month in
 which the Teacher Retirement System of Texas issues the
 supplemental payment; or
 (2)  $2,400, if the annuitant is:
 (A)  at least 70 years of age but younger than 75
 years of age on any day of the calendar month before the calendar
 month in which the Teacher Retirement System of Texas issues the
 supplemental payment; and
 (B)  not subject to Subdivision (1) of this
 subsection.
 Explanation:  The change is necessary to prescribe different
 amounts for the supplemental payment required by the proposed bill
 based on the age of the annuitant eligible for the payment.
 Bonnen
 ______________________________
 Speaker of the House
 I certify that H.R. No. 2433 was adopted by the House on May
 28, 2023, by the following vote: Yeas 142, Nays 0, 2 present, not
 voting.
 ______________________________
 Chief Clerk of the House