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Senate Bill 12 |
Senate Author: Huffman et al. |
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Effective: 6-10-19 |
House Sponsor: Bonnen, Greg et al. |
Senate Bill 12 amends the Government Code to increase the state, member, and employer contributions to the Teacher Retirement System of Texas for public and higher education retirement benefits. Among other provisions, the bill provides for a one‑time supplemental payment of an applicable retirement or death benefit, contingent on an appropriation made for that purpose.