| |
| |
|
|
A JOINT RESOLUTION
|
|
|
proposing a constitutional amendment authorizing the 88th |
|
|
Legislature to provide a cost-of-living adjustment to certain |
|
|
annuitants of the Teacher Retirement System of Texas. |
|
|
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Article XVI, Texas Constitution, is amended by |
|
|
adding Section 67-a to read as follows: |
|
|
Sec. 67-a. (a) As the Teacher Retirement System of Texas is |
|
|
actuarially sound according to an actuarial valuation update |
|
|
performed in February 2023, the 88th Legislature, Regular Session, |
|
|
2023: |
|
|
(1) by general law may provide a cost-of-living |
|
|
adjustment to annuitants of the Teacher Retirement System of Texas |
|
|
who are eligible for the adjustment as determined by that general |
|
|
law; and |
|
|
(2) may appropriate an amount of money from the |
|
|
general revenue fund to the comptroller of public accounts for |
|
|
deposit to the trust fund of the Teacher Retirement System of Texas |
|
|
to pay the adjustment authorized by Subdivision (1) of this |
|
|
subsection. |
|
|
(b) For purposes of Section 22, Article VIII, of this |
|
|
constitution, an appropriation of state tax revenues made by the |
|
|
88th Legislature, Regular Session, 2023, for the purpose described |
|
|
by Subsection (a)(1) of this section is treated as if it were an |
|
|
appropriation of revenues dedicated by this constitution. |
|
|
(c) This section expires September 1, 2025. |
|
|
SECTION 2. This proposed constitutional amendment shall be |
|
|
submitted to the voters at an election to be held November 7, 2023. |
|
|
The ballot shall be printed to permit voting for or against the |
|
|
proposition: "The constitutional amendment authorizing the 88th |
|
|
Legislature to provide a cost-of-living adjustment to certain |
|
|
annuitants of the Teacher Retirement System of Texas." |
| |
| |
| |
______________________________ |
______________________________ |
| |
President of the Senate |
Speaker of the House |
| |
| |
|
|
I certify that H.J.R. No. 2 was passed by the House on April |
|
|
28, 2023, by the following vote: Yeas 147, Nays 0, 1 present, not |
|
|
voting; and that the House concurred in Senate amendments to H.J.R. |
|
|
No. 2 on May 25, 2023, by the following vote: Yeas 140, Nays 0, 3 |
|
|
present, not voting. |
|
|
|
|
|
______________________________ |
|
|
Chief Clerk of the House |
| |
|
|
I certify that H.J.R. No. 2 was passed by the Senate, with |
|
|
amendments, on May 22, 2023, by the following vote: Yeas 31, Nays |
|
|
0. |
|
|
|
|
|
_______________________________ |
|
|
Secretary of the Senate |
|
|
RECEIVED: _____________________ |
|
|
Date |
|
|
|
|
|
_____________________ |
|
|
Secretary of State |