TX HB5429

Allows employees of school districts, educational districts that are Teacher Retirement System (TRS) members, open-enrollment charter schools, and regional education service centers to authorize written payroll deductions for TRS-approved benefits

Requires the Teacher Retirement System of Texas to designate which benefits are eligible for these salary deductions, with the requirement that benefits promote the interests of the state and the covered employees

Applies to employees across multiple types of public educational entities, including traditional school districts, charter schools, and regional education service centers

Takes effect immediately upon receiving a two-thirds vote from both chambers of the legislature; otherwise takes effect September 1, 2025