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SENATE RESOLUTION
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BE IT RESOLVED by the Senate of the State of Texas, 88th |
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Legislature, Regular Session, 2023, That Senate Rule 12.03 be |
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suspended in part as provided by Senate Rule 12.08 to enable the |
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conference committee appointed to resolve the differences on |
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Senate Bill 10 (certain benefits paid by the Teacher Retirement |
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System of Texas) to consider and take action on the following |
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matters: |
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(1) Senate Rule 12.03(2) is suspended to permit the |
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committee to omit text not in disagreement in proposed SECTION 1 |
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of the bill, adding Section 824.703(a), Government Code, by |
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striking "an additional" and substituting "a". |
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Explanation: The change is necessary to remove unnecessary |
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language. |
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(2) Senate Rules 12.03(3) and (4), are suspended to |
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permit the committee to add text on a matter not in disagreement |
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and not included in either the house or senate version of the bill |
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in proposed SECTION 1 of the bill, by adding Section |
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824.703(c)(3), Government Code, to read as follows: |
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(3) is an alternate payee under Section 804.005, to |
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be eligible for the adjustment: |
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(A) the annuitant must be living on the |
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effective date of the adjustment; and |
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(B) the effective date of the annuitant's |
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election to receive the annuity payment was on or before August |
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31, 2020. |
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Explanation: The change is necessary to clarify that an |
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alternate payee makes the election and specify that an alternate |
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payee must be living on the effective date of the cost-of-living |
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adjustment required by the proposed bill. |
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(3) Senate Rules 12.03(3) and (4), are suspended to |
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permit the committee to add text on a matter not in disagreement |
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and not included in either the house or senate version of the bill |
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by adding proposed SECTION 2(c) of the bill to read as follows: |
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(c) The amount of the supplemental payment is equal to: |
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(1) $7,500, if the annuitant is at least 75 years of |
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age on any day of the calendar month before the calendar month in |
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which the Teacher Retirement System of Texas issues the |
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supplemental payment; or |
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(2) $2,400, if the annuitant is: |
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(A) at least 70 years of age but younger than |
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75 years of age on any day of the calendar month before the |
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calendar month in which the Teacher Retirement System of Texas |
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issues the supplemental payment; and |
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(B) not subject to Subdivision (1) of this |
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subsection. |
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Explanation: The change is necessary to prescribe |
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different amounts for the supplemental payment required by the |
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proposed bill based on the age of the annuitant eligible for the |
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payment. |
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_______________________________ |
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President of the Senate |
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I hereby certify that the |
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above Resolution was adopted by |
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the Senate on May 27, 2023, by the |
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following vote: Yeas 31, Nays 0. |
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_______________________________ |
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Secretary of the Senate |