Bill Text: TX SB103 | 2017 | 85th Legislature 1st Special Session | Introduced
Bill Title: Relating to a supplemental appropriation from the economic stabilization fund for certain health benefit plans administered by the Teacher Retirement System of Texas.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-07-22 - Filed [SB103 Detail]
Download: Texas-2017-SB103-Introduced.html
85S10842 LED-D | ||
By: Menéndez | S.B. No. 103 |
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relating to a supplemental appropriation from the economic | ||
stabilization fund for certain health benefit plans administered by | ||
the Teacher Retirement System of Texas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. (a) In addition to amounts previously | ||
appropriated to the Teacher Retirement System for the state fiscal | ||
biennium ending August 31, 2019, for Strategy A.2.1, Retiree Health | ||
- Statutory Funds, the amount of $526,000,000 is appropriated from | ||
the economic stabilization fund to that agency for the state fiscal | ||
biennium ending August 31, 2019. The Teacher Retirement System of | ||
Texas shall use funds appropriated by this Act in the manner the | ||
agency determines is appropriate for any purpose for which money | ||
appropriated for Strategy A.2.1, Retiree Health - Statutory Funds, | ||
may be used. | ||
(b) In this section, "Strategy A.2.1, Retiree Health - | ||
Statutory Funds" means that strategy for the Teacher Retirement | ||
System as provided by S.B. 1, Acts of the 85th Legislature, Regular | ||
Session, 2017 (the General Appropriations Act). | ||
SECTION 2. (a) Subject to Subsection (b) of this section: | ||
(1) this Act takes effect immediately if it receives a | ||
vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution; and | ||
(2) if this Act does not receive the vote necessary for | ||
immediate effect, this Act takes effect on the 91st day after the | ||
last day of the legislative session. | ||
(b) This Act takes effect only if it receives a vote of | ||
two-thirds of the members present in each house of the legislature, | ||
as provided by Section 49-g(m), Article III, Texas Constitution. |