By:  Barrientos                                       S.B. No. 1317
                                 A BILL TO BE ENTITLED
                                        AN ACT
    1-1  relating to the funding of the Texas Public School Retired
    1-2  Employees Group Insurance Program.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Subsections (a), (b), and (c), Section 16, Texas
    1-5  Public School Retired Employees Group Insurance Act (Article
    1-6  3.50-4, Insurance Code), are amended to read as follows:
    1-7        (a)  Each <For the state fiscal year beginning September 1,
    1-8  1985, and for each subsequent state fiscal year, each> active
    1-9  employee, as a condition of employment, shall contribute to the
   1-10  fund an amount equal to .425 <.25> percent of the employee's
   1-11  salary.  Each month the employer of an active employee shall deduct
   1-12  the contributions from the employee's salary and shall remit the
   1-13  contributions to the trustee as provided by any procedures that the
   1-14  trustee may require.  In lieu of deducting the contributions from
   1-15  salaries, an employer may assume and pay the total contributions
   1-16  due from its active employees for any month.
   1-17        (b)  The state shall contribute as the state's contribution
   1-18  to the fund an amount equal to .85 percent of the salary of each
   1-19  active employee  <the following amounts:>
   1-20              <(1)  for the state fiscal year beginning September 1,
   1-21  1986, an amount equal to .35 percent of the salary of each active
   1-22  employee;>
   1-23              <(2)  for the state fiscal year beginning September 1,
    2-1  1987, an amount equal to .40 percent of the salary of each active
    2-2  employee;>
    2-3              <(3)  for the state fiscal year beginning September 1,
    2-4  1988, an amount equal to .45 percent of the salary of each active
    2-5  employee;>
    2-6              <(4)  for the state fiscal year beginning September 1,
    2-7  1989, an amount equal to .50 percent of the salary of each active
    2-8  employee; and>
    2-9              <(5)  for the state fiscal year beginning September 1,
   2-10  1990, and each subsequent fiscal year, an amount equal to .50
   2-11  percent of the salary of each active employee>.
   2-12        (c)  If <after the state fiscal year beginning September 1,
   2-13  1990,> the amount of state and active employee contributions to the
   2-14  fund is raised by the legislature above the percentages provided by
   2-15  Subsections (a) and (b) of this section to provide adequate funding
   2-16  for the program, the ratio between the state's contribution and the
   2-17  active employees' contributions must be maintained at two to one.
   2-18        SECTION 2.  This Act takes effect September 1, 1994.
   2-19        SECTION 3.  The importance of this legislation and the
   2-20  crowded condition of the calendars in both houses create an
   2-21  emergency and an imperative public necessity that the
   2-22  constitutional rule requiring bills to be read on three several
   2-23  days in each house be suspended, and this rule is hereby suspended.