Texas House Passes HB 3221 – Will Require Additional State Funding

The Texas House of Representatives passed HB 3221, as amended, by Rep. Carl Tepper (R-Lubbock) on third and final reading today. The amendment requires the state to provide additional funding to prevent any actuarial impact from HB 3221 to the Teacher Retirement System of Texas (TRS). HB 3221 seeks to equalize TRS contribution percentages for […]