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Amend Amendment No. 252 by Menendez to CSHB 1 (page 326,
amendment packet), as follows:
(1) Strike line 24 and substitute the following:
(5) In Article III, add the following appropriately numbered
rider after the Article III appropriations to the Texas Education
Agency:
. CONTINGENT ADDITIONAL FOUNDATION SCHOOL
PROGRAM-EQUALIZED OPERATIONS FUNDING. The Teacher Retirement
System shall transfer, through an interagency contract, an amount
of $442,600,000 from Strategy A.3.1 Active Health, to the Texas
Education Agency, Strategy A.1.1 FSP-Equalized Operations, for the
school employee pass-through. School districts shall use 100
percent of those transferred funds to pay for the annual $1,000
health coverage or compensation supplements under Article 3.50-8,
Texas Insurance Code. School districts shall use not more than 80
percent of funds made available to districts to implement HB 5 or
similar legislation of the 78th Legislature and not more than 80
percent of funds made available to districts by any other increases
in foundation school fund formulas for purposes of Chapter 41 or 42,
Education Code, to pay the balance of the annual health coverage or
compensation supplement under Article 3.50-8, Texas Insurance
Code, of not more than $1,000 for each public school employee. In
the event that the funds identified by this Rider are not sufficient
to provide a total of $1,000 annually for each public school
employee, school districts shall prorate the amount for each
employee proportionately. The provisions of this Rider are
contingent on the passage of legislation in the 78th Legislature
implementing the changes described in this Rider.
(6) Adjust total and methods of financing appropriately.