Bill Text: TX HB4229 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to the state contribution to the Teacher Retirement System of Texas.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-04-04 - Referred to Appropriations [HB4229 Detail]
Download: Texas-2017-HB4229-Introduced.html
85R2500 LED-D | ||
By: Arévalo | H.B. No. 4229 |
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relating to the state contribution to the Teacher Retirement System | ||
of Texas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 825.404(a), Government Code, is amended | ||
to read as follows: | ||
(a) Except as provided by Subsection (a-1), during each | ||
fiscal year, the state shall contribute to the retirement system an | ||
amount equal to at least seven [ |
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the aggregate annual compensation of all members of the retirement | ||
system during that fiscal year. | ||
SECTION 2. This Act takes effect September 1, 2017. |