HB5429 - Relating to salary deductions for certain benefits approved by the Teacher Retirement System of Texas for certain public educational entity employees.

  89R13487 MEW-F     By: Bryant H.B. No. 5429       A BILL TO BE ENTITLED   AN ACT   relating to salary deductions for certain benefits approved by the   Teacher Retirement System of Texas for certain public educational   entity employees.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter A, Chapter 22, Education Code, is   amended by adding Section 22.0011 to read as follows:           Sec.   22.0011.     SALARY DEDUCTIONS FOR CERTAIN BENEFITS. (a)   An employee of a school district, other educational district that   is a member of the Teacher Retirement System of Texas,   open-enrollment charter school, or regional education service   center may authorize in writing a deduction each pay period from the   employee's salary or wage payment for a benefit approved by the   Teacher Retirement System of Texas.           (b)     The Teacher Retirement System of Texas shall designate   benefits that are eligible under this section and that promote the   interests of the state and employees of a school district, other   educational district, open-enrollment charter school, or regional   education service center.          SECTION 2.  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 September 1, 2025.