Bill Text: TX HB4229 | 2017-2018 | 85th Legislature | Introduced

Texas House Bill 4229 (Prior Session Legislation)

Introduced

Bill Title: Relating to the state contribution to the Teacher Retirement System of Texas.

Sponsorship: Partisan Bill (Democrat 1)

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



	A BILL TO BE ENTITLED
	AN ACT
	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 [~~six~~] and not more than 10 percent of
	the aggregate annual compensation of all members of the retirement
	system during that fiscal year.
	SECTION 2. This Act takes effect September 1, 2017.