Bill Text: TX HJR2 | 2023-2024 | 88th Legislature | Enrolled


Bill Title: 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.

Spectrum: Slight Partisan Bill (Republican 16-6)

Status: (Passed) 2023-05-30 - Filed with the Secretary of State [HJR2 Detail]

Download: Texas-2023-HJR2-Enrolled.html
 
 
  H.J.R. No. 2
 
 
 
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  
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