Bill Text: TX SB19 | 2017 | 85th Legislature 1st Special Session | Comm Sub


Bill Title: Relating to an appropriation of money from the economic stabilization fund to decrease participants' health insurance costs for certain health benefit plans administered by the Teacher Retirement System of Texas.

Spectrum: Moderate Partisan Bill (Republican 14-3)

Status: (Engrossed) 2017-08-14 - Statement(s) of vote recorded in Journal [SB19 Detail]

Download: Texas-2017-SB19-Comm_Sub.html
  85S11293 LED-D
 
  By: Nelson, et al. S.B. No. 19
 
  (Zerwas, Darby, VanDeaver, Howard, Ashby)
 
  Substitute the following for S.B. No. 19:  No.
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to an appropriation of money from the economic
  stabilization fund to decrease participants' health insurance
  costs for certain health benefit plans administered by the Teacher
  Retirement System of Texas.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  The amount of $212.7 million is appropriated
  from the economic stabilization fund to the retired school
  employees group insurance fund established under Section 1575.301,
  Insurance Code, for use by the Teacher Retirement System of Texas to
  decrease the costs for the 2018 and 2019 plan years for participants
  in the Texas Public School Employees Group Insurance Program
  authorized by Chapter 1575, Insurance Code.
         SECTION 2.  The Teacher Retirement System of Texas may use
  funds appropriated by this Act only to:
               (1)  decrease the premiums and deductibles that would
  otherwise be paid during the 2018 and 2019 plan years by
  participants in the Texas Public School Employees Group Insurance
  Program authorized by Chapter 1575, Insurance Code; and
               (2)  reduce costs for an enrolled adult child with a
  mental disability or a physical incapacity during the 2018 and 2019
  plan years.
         SECTION 3.  (a) Subject to Subsection (b) of this section:
               (1)  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; and
               (2)  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.
         (b)  This Act takes effect only if it receives a vote of
  two-thirds of the members present in each house of the legislature,
  as provided by Section 49-g(m), Article III, Texas Constitution.
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