HB1018 (CH0723)

Find a 2018 Bill:

2018 Regular Session



Pensions - Administrative and Operational Expenses - Limitation and Calculation

Sponsored by:

Delegate Barnes, B.


Approved by the Governor - Chapter 723

Synopsis:Increasing the administrative and operational expense cap of the Board of Trustees for the State Retirement and Pension System and the State Retirement Agency for fiscal years 2019 through 2022 under certain circumstances; altering the basis for the calculation of the administrative and operational expense cap; applying the Act; and making certain sections of the Act contingent on the taking effect of another Act.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate B. Barnes (Chair, Joint Committee on Pensions)
Additional Facts:Cross-filed with: SB0784
Bill File Type: Regular
Effective Date(s): July 1, 2018
Contingency - on a contingency described in Sec. 3 and 4 of the bill
Appropriations  View Committee HearingBudget and Taxation
Broad Subject(s):State Pensions and Retirement
Narrow Subject(s):Committees and Commissions -see also- Political Committees
Retirement Systems -see also- Mandatory Retirement
State Employees
Statutes:Article - State Personnel and Pensions

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Explanation of Floor Motions and Actions

May 21, 2018 10:35 A.M.