BILL · 2005–06 SESSION

HB 2674: Pension stabalization acct

Creating the pension stabilization account.

Summary

  • Creates the Pension Stabilization Account in the state treasury.
  • Expenditures from the Pension Stabilization Account may only be spent to amortize the unfunded accrued actuarial liability in the state pension systems.
  • Transfers from the State General Fund to the Pension Stabilization Account do not lower the state expenditure limit.

From the House Bill Analysis (HB 2674), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2006
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Helen Sommers (D-36)
Introduced
January 12, 2006 in the House
Last action
January 12, 2006
Budget
Has a fiscal note

AN ACT Relating to creating the pension stabilization account;

Sponsors

Votes

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

History

  1. First reading, referred to Appropriations.

HB 2674 in other sessions

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

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