Bill Text: TX HB77 | 2021 | 87th Legislature 1st Special Session | Introduced
Bill Title: Relating to establishing a joint select committee to study the feasibility and sustainability of providing a cost-of-living adjustment applicable to certain benefits paid by the Teacher Retirement System of Texas.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-07-07 - Filed [HB77 Detail]
Download: Texas-2021-HB77-Introduced.html
| By: Bucy | H.B. No. 77 | |
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| relating to establishing a joint select committee to study the | ||
| feasibility and sustainability of providing a cost-of-living | ||
| adjustment applicable to certain benefits paid by the Teacher | ||
| Retirement System of Texas. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. DEFINITION. In this Act, "committee" means the | ||
| joint select committee established under Section 2 of this Act. | ||
| SECTION 2. JOINT SELECT COMMITTEE. (a) A joint select | ||
| committee is established for the purposes of this Act and is | ||
| composed of the following members: | ||
| (1) two members of the senate appointed by the | ||
| lieutenant governor; | ||
| (2) two members of the house of representatives | ||
| appointed by the speaker of the house of representatives; | ||
| (3) one member of the public who is appointed by the | ||
| lieutenant governor from lists of names submitted by stakeholder | ||
| groups; and | ||
| (4) one member of the public who is appointed by the | ||
| speaker of the house of representatives from lists of names | ||
| submitted by stakeholder groups. | ||
| (b) The lieutenant governor and the speaker of the house of | ||
| representatives shall make the appointments required under | ||
| Subsection (a) of this section as soon as possible after the | ||
| effective date of this Act, but not later than November 1, 2021. | ||
| (c) If a vacancy occurs, the appropriate appointing officer | ||
| shall appoint a person to serve for the remainder of the unexpired | ||
| term in the same manner as the original appointment. | ||
| SECTION 3. PRESIDING OFFICER; MEETINGS. (a) The | ||
| lieutenant governor and the speaker of the house of representatives | ||
| shall jointly select the presiding officer of the committee. | ||
| (b) The committee shall convene at the call of the presiding | ||
| officer. | ||
| SECTION 4. COOPERATION OF STATE AGENCY, DEPARTMENT, OR | ||
| OFFICE. If needed to perform the duties of the committee, the | ||
| committee may request the assistance of a state agency, department, | ||
| or office. The state agency, department, or office shall provide | ||
| the committee with the requested assistance. | ||
| SECTION 5. EXPENSES. (a) Each member of the committee is | ||
| entitled to reimbursement for actual and necessary expenses | ||
| incurred in performing committee duties. | ||
| (b) Each legislative member is entitled to reimbursement | ||
| from the appropriate fund of the member's respective house. | ||
| (c) Each public member is entitled to reimbursement from | ||
| funds appropriated to the committee. | ||
| SECTION 6. COMMITTEE POWERS AND DUTIES; STUDY. (a) The | ||
| committee shall study the feasibility and sustainability of | ||
| providing a cost-of-living adjustment payable to annuitants | ||
| receiving a retirement benefit annuity under the Teacher Retirement | ||
| System of Texas. The study must seek to identify and recommend a | ||
| financial structure capable of providing the cost-of-living | ||
| adjustment. | ||
| (b) The committee has all other powers and duties provided | ||
| to a special or select committee by the rules of the senate and | ||
| house of representatives, by Subchapter B, Chapter 301, Government | ||
| Code, and by policies of the senate and house committees on | ||
| administration. | ||
| SECTION 7. REPORT. Not later than September 1, 2022, the | ||
| committee shall submit to the governor, the lieutenant governor, | ||
| and the speaker of the house of representatives a report of the | ||
| committee's findings and recommendations under this Act. | ||
| SECTION 8. ABOLITION OF COMMITTEE; EXPIRATION. The | ||
| committee is abolished and this Act expires September 15, 2022. | ||
| SECTION 9. EFFECTIVE DATE. This Act takes effect | ||
| immediately if it receives a vote of two-thirds of all the members | ||
| elected to each house, as provided by Section 39, Article III, Texas | ||
| Constitution. If this Act does not receive the vote necessary for | ||
| immediate effect, this Act takes effect on the 91st day after the | ||
| last day of the legislative session. | ||
