Capitol Newsletter

Paul 84th Legislation   Last week on the house floor we passed HB 3310 which seeks to assist public retirement systems with meeting their pension obligations by increasing transparency and providing a way for the system and its sponsoring entity to work together to ensure continued actuarial soundness.  HB3310 aims at putting best practices, including disclosure and transparency requirements into law. The bill would require a public retirement system to notify its sponsoring entity upon receiving an actuarial valuation indicating the system's actual contributions are not sufficient to amortize the unfunded actuarial accrued liability within 40 years.   HB 1965 which is a property tax rollback plan was passed out of the House Ways and Means committee. This legislation will help slow the growth of property tax in the state. We are currently working to get HB1965 heard on the house floor.   Currently, there are multiple pieces of legislation I filed being heard in the Senate and hopefully on their way to approval by the Governor.  To see a full list of legislation filed by me please visit the Texas Legislature Online.      CLEAR LAKE STUDENT NAMED 2015 U.S. PRESIDENTIAL SCHOLAR   I am pleased to recognize Clear Lake student Denise Kwong who was selected by the U.S. Secretary of Education as a 2015 U.S. Presidential Scholar.  Kwong is one of 141 outstanding American high school seniors who have demonstrated outstanding academic achievement, artistic excellence, leadership, citizenship, service, and contribution to school and community.  Ms. Kwong can be proud of the impact she has made in the lives of those in our community.  I am glad to see that District 129 is being represented so well by such a remarkable student.  The U.S. Presidential Scholars will be honored for their accomplishments in Washington D.C. this summer.  To read more on this incredible honor click here.  Capitol Visitor Information   My staff and I welcome everyone to visit our office as well as the historic Capitol building.  If you are planning a trip to the Capitol be sure to stop by our office, Room E2.814.  Here are some helpful tips for your visit: Texas Capitol Visitor Center Texas State Preservation Board The Bullock Texas State History Museum State Representative Dennis Paul       Texas State Capitol P.O. Box 2910 Office: E2.814 Austin, TX 78768 512-463-0734 Office 512-463-0401 Fax District129.Paul@house.state.tx.us District Office 17225 El Camino Real, Suite 415 Houston, TX  77058 281-488-8900 Office 512-463-0401 Fax   STAY CONNECTED

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