By Bivins S.J.R. No. 52
77R13448 GJH-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment to authorize the legislature
1-2 to use contributions to the pension fund of the Teacher Retirement
1-3 System of Texas to finance health care benefits for retirees of
1-4 that system.
1-5 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 67(b)(1), Article XVI, Texas Constitution,
1-7 is amended to read as follows:
1-8 (1) The legislature shall establish by law a Teacher
1-9 Retirement System of Texas to provide benefits for persons employed
1-10 in the public schools, colleges, and universities supported wholly
1-11 or partly by the state. Other employees may be included under the
1-12 system by law. The legislature may enact laws to include within the
1-13 retirement benefits provided to retirees by the Teacher Retirement
1-14 System of Texas health care benefits in the manner provided by
1-15 Section 401(h), Internal Revenue Code of 1986, and its subsequent
1-16 amendments, or its successor statute, that are financed by
1-17 contributions under this section.
1-18 SECTION 2. This proposed constitutional amendment shall be
1-19 submitted to the voters at an election to be held August 11, 2001.
1-20 The ballot shall be printed to permit voting for or against the
1-21 proposition: "The constitutional amendment to provide for the use
1-22 of contributions to the pension fund of the Teacher Retirement
1-23 System of Texas to finance health care benefits for retirees of the
1-24 system."