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A BILL TO BE ENTITLED
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AN ACT
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Relating to the creation of the Texas Commission on Public School |
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Teacher Retirement Funding Transparency. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Chapter 48, Education Code, is amended by adding |
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Subchapter H to read as follows: |
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SUBCHAPTER H. TEXAS COMMISSION ON PUBLIC SCHOOL TEACHER RETIREMENT |
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FUNDING TRANSPARENCY |
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Sec. 48.401. DEFINITION. In this subchapter, "commission" |
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means the Texas Commission on Public School Teacher Retirement |
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Funding Transparency. |
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Sec. 48.402. TEXAS COMMISSION ON PUBLIC SCHOOL TEACHER |
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RETIREMENT FUNDING TRANSPARENCY. (a) The commission is |
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established to develop and make recommendations regarding methods |
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of incorporating state resources for teacher retirement within the |
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Foundation School Program, aligning staffing incentives with state |
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priorities, and providing uniformity in resourcing retirement |
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obligations. |
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(b) The commission is composed of seven members, appointed |
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as follows: |
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(1) one member appointed by the governor; |
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(2) three members appointed by the lieutenant |
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governor; and |
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(3) three members appointed by the speaker of the |
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house of representatives. |
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(c) The members appointed by: |
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(1) the governor must have an interest in staffing |
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issues faced by public schools; |
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(2) the lieutenant governor must be three members of |
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the senate; and |
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(3) the speaker of the house of representatives must |
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be three members of the house of representatives. |
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Sec. 48.403. PRESIDING OFFICER. The governor shall |
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designate the presiding officer of the commission. |
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Sec. 48.404. COMPENSATION AND REIMBURSEMENT. A member of |
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the commission is not entitled to compensation for service on the |
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commission but is entitled to reimbursement for actual and |
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necessary expenses incurred in performing commission duties. |
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Sec. 48.405. ADMINISTRATIVE SUPPORT AND FUNDING. (a) The |
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agency shall provide administrative support for the commission. |
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(b) The Teacher Retirement System and the office of the |
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comptroller of public accounts shall provide support required by |
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the commission. |
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(c) Funding for the administrative and operational expenses |
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of the commission shall be provided by legislative appropriation |
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made to the agency for that purpose. |
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Sec. 48.406. RECOMMENDATIONS. (a) The commission shall |
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develop recommendations under this subchapter regarding: |
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(1) incorporating current and future appropriations |
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for state contributions for retirement of public education |
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personnel into the Foundation School Program as part of the basic |
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allotment or another formula mechanism; |
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(2) reviewing state and school contribution |
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requirements to ensure: |
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(A) staffing incentives prioritize classroom |
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instruction; and |
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(B) uniformity in retirement obligations between |
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public schools; and |
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(3) employer contribution requirements are sufficient |
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to ensure the long term health of the Teacher Retirement System of |
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Texas. |
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(b) The commission may establish one or more working groups |
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composed of not more than three members of the commission to study, |
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discuss, and address specific policy issues and recommendations to |
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refer to the commission for consideration. |
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Sec. 48.407. REPORT. Not later than December 31, 2026, the |
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commission shall prepare and deliver a report to the governor and |
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the legislature that recommends statutory changes to implement |
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recommendations under this subchapter. |
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Sec. 48.408. PUBLIC MEETINGS AND PUBLIC INFORMATION. (a) |
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The commission may hold public meetings as needed to fulfill its |
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duties under this subchapter. As an advisory body, the commission |
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is not subject to Chapter 551, Government Code. |
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(b) The commission is subject to Chapter 552, Government |
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Code. |
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Sec. 48.409. COMMISSION ABOLISHED; EXPIRATION OF |
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SUBCHAPTER. The commission is abolished and this subchapter |
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expires January 1, 2027. |
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SECTION 2. This Act takes effect September 1, 2025. |