BILL · 1997–98 SESSION

SB 6307: Retirement sys invstmnt gain

Sharing extraordinary investment gains.

Summary

  • Effective July 1, 1998: Gain Sharing . Gain sharing is used to fund benefit increases for Teachers Retirement System (TRS) Plan 1 and Public Employees Retirement System (PERS) Plan 1 members beginning on July 1, 1998 and on January 1 of even-numbered years thereafter.

From the Senate Bill Report (SB 6307), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 15, 1998
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Jeanine Long (R-44)
Introduced
January 15, 1998 in the Senate
Last action
January 15, 1998
Requested by
Other
Companion bill
HB 2491
Budget
Has a fiscal note

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 6307 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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