Amend CSSB 1 (house committee report) as follows:

(1)  In Article III of the bill, in the appropriations to the Teacher Retirement System, reduce the appropriations to Strategy A.1.3, Administrative Operations (page III-45), by the amount of $898,230 for each year of the state fiscal biennium ending August 31, 2027.

(2)  In Article III of the bill, in the Object-of-Expense Informational Listing for the Teacher Retirement System (page III-45), reduce the amount listed for Travel by the amount of $898,230 for each year of the state fiscal biennium ending August 31, 2027.

(3)  Adjust totals and methods of financing accordingly.