By: Bivins S.J.R. No. 52
1-1 SENATE JOINT RESOLUTION
1-2 proposing a constitutional amendment to authorize the legislature
1-3 to use contributions to the pension fund of the Teacher Retirement
1-4 System of Texas to finance health care benefits for retirees of
1-5 that system.
1-6 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-7 SECTION 1. Subdivision (1), Subsection (b), Section 67,
1-8 Article XVI, Texas Constitution, is amended to read as follows:
1-9 (1) The legislature shall establish by law a Teacher
1-10 Retirement System of Texas to provide benefits for persons employed
1-11 in the public schools, colleges, and universities supported wholly
1-12 or partly by the state. Other employees may be included under the
1-13 system by law. The legislature may enact laws to include within
1-14 the retirement benefits provided to retirees by the Teacher
1-15 Retirement System of Texas health care benefits in the manner
1-16 provided by Section 401(h), Internal Revenue Code of 1986, and its
1-17 subsequent amendments, or its successor statute, that are financed
1-18 by contributions under this section.
1-19 SECTION 2. This proposed constitutional amendment shall be
1-20 submitted to the voters at an election to be held August 11, 2001.
1-21 The ballot shall be printed to permit voting for or against the
1-22 proposition: "The constitutional amendment to provide for the use
1-23 of contributions to the pension fund of the Teacher Retirement
1-24 System of Texas to finance health care benefits for retirees of the
2-1 system."