Legislation
- Title
- Participating Governmental Units - Amortization Schedule
- Sponsored by
- Senator Peters (Chair, Joint Committee on Pensions)
- Status
- Approved by the Governor - Chapter 233
- Analysis
- Fiscal and Policy Note
Synopsis
Altering the calculation of the accrued liability contributions required to be paid by a participating governmental unit on account of members of the Employees' Retirement System and Employees' Pension System who are employees of a participating governmental unit; and clarifying the application of a specified amortization period to specified legislative changes.
Committees
- Opposite:
- Appropriations Click to view Recorded Media
Details
Cross-filed with: HB1397
Bill File Type: Regular
Effective Date(s): July 1, 2016
Bill imposes a local government mandate which is a directive in a bill requiring a local government unit to perform a task or assume a responsibility that has a discernible fiscal impact on the local government unit
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(
21-305.2 )
Last Updated: 2/3/2020 2:30 PM