(Austin, TX) — The Houston pension reform bill will now move to the floors of the House and Senate.
Each body has its own version of the legislation. Houston Senator Joan Huffman’s plan would require a referendum on any future pension bond issues.
Underfunding of the police and fire department pension plans is threatening future city services, and state lawmakers are being told passage of either bill would be a way for the city to find its way out of a perilous financial situation.
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