1 | 1 | | By: Huffman S.R. No. 691 |
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2 | 2 | | |
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3 | 3 | | |
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4 | 4 | | SENATE RESOLUTION |
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5 | 5 | | BE IT RESOLVED by the Senate of the State of Texas, 88th |
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6 | 6 | | Legislature, Regular Session, 2023, That Senate Rule 12.03 be |
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7 | 7 | | suspended in part as provided by Senate Rule 12.08 to enable the |
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8 | 8 | | conference committee appointed to resolve the differences on |
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9 | 9 | | Senate Bill 10 (certain benefits paid by the Teacher Retirement |
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10 | 10 | | System of Texas) to consider and take action on the following |
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11 | 11 | | matters: |
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12 | 12 | | (1) Senate Rule 12.03(2) is suspended to permit the |
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13 | 13 | | committee to omit text not in disagreement in proposed SECTION 1 |
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14 | 14 | | of the bill, adding Section 824.703(a), Government Code, by |
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15 | 15 | | striking "an additional" and substituting "a". |
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16 | 16 | | Explanation: The change is necessary to remove unnecessary |
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17 | 17 | | language. |
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18 | 18 | | (2) Senate Rules 12.03(3) and (4), are suspended to |
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19 | 19 | | permit the committee to add text on a matter not in disagreement |
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20 | 20 | | and not included in either the house or senate version of the bill |
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21 | 21 | | in proposed SECTION 1 of the bill, by adding Section |
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22 | 22 | | 824.703(c)(3), Government Code, to read as follows: |
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23 | 23 | | (3) is an alternate payee under Section 804.005, to |
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24 | 24 | | be eligible for the adjustment: |
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25 | 25 | | (A) the annuitant must be living on the |
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26 | 26 | | effective date of the adjustment; and |
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27 | 27 | | (B) the effective date of the annuitant's |
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28 | 28 | | election to receive the annuity payment was on or before August |
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29 | 29 | | 31, 2020. |
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30 | 30 | | Explanation: The change is necessary to clarify that an |
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31 | 31 | | alternate payee makes the election and specify that an alternate |
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32 | 32 | | payee must be living on the effective date of the cost-of-living |
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33 | 33 | | adjustment required by the proposed bill. |
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34 | 34 | | (3) Senate Rules 12.03(3) and (4), are suspended to |
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35 | 35 | | permit the committee to add text on a matter not in disagreement |
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36 | 36 | | and not included in either the house or senate version of the bill |
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37 | 37 | | by adding proposed SECTION 2(c) of the bill to read as follows: |
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38 | 38 | | (c) The amount of the supplemental payment is equal to: |
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39 | 39 | | (1) $7,500, if the annuitant is at least 75 years of |
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40 | 40 | | age on any day of the calendar month before the calendar month in |
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41 | 41 | | which the Teacher Retirement System of Texas issues the |
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42 | 42 | | supplemental payment; or |
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43 | 43 | | (2) $2,400, if the annuitant is: |
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44 | 44 | | (A) at least 70 years of age but younger than |
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45 | 45 | | 75 years of age on any day of the calendar month before the |
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46 | 46 | | calendar month in which the Teacher Retirement System of Texas |
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47 | 47 | | issues the supplemental payment; and |
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48 | 48 | | (B) not subject to Subdivision (1) of this |
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49 | 49 | | subsection. |
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50 | 50 | | Explanation: The change is necessary to prescribe |
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51 | 51 | | different amounts for the supplemental payment required by the |
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52 | 52 | | proposed bill based on the age of the annuitant eligible for the |
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53 | 53 | | payment. |
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54 | 54 | | _______________________________ |
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55 | 55 | | President of the Senate |
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56 | 56 | | I hereby certify that the |
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57 | 57 | | above Resolution was adopted by |
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58 | 58 | | the Senate on May 27, 2023, by the |
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59 | 59 | | following vote: Yeas 31, Nays 0. |
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60 | 60 | | _______________________________ |
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61 | 61 | | Secretary of the Senate |
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