Committee clears SJR 57 to clarify State not liable for local pension debts
The committee voted 11–0 to report Senate Joint Resolution 57, a proposed constitutional amendment to state that the State of Texas is not liable for debts or obligations of local retirement systems and to prohibit legislative bailout appropriations.
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The Committee on Finance voted to report Senate Joint Resolution 57 to the full Senate with a favorable recommendation, 11 ayes, no nays.
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