BILL · 2007–08 SESSION

SB 6167: Dept of retirement systems

Clarifying the director's authority to determine interest in certain public retirement systems.

Summary

Reinstates statutory language that expressly establishes the authority of the Director of the Department of Retirement Systems to determine the method and amount of interest that is credited to member retirement contributions.
Requires interest, if credited, to be credited at least quarterly.

From the House Bill Report (SB 6167), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 493, Laws of 2007

AN ACT Relating to clarifying the director's authority to determine interest in certain public retirement systems;

Passed April 11, 2007

Version voted on: SB 6167

47 Yea 0 Nay 0 Absent 2 Excused

Party	Yea	Nay	Absent	Excused
Democrat	31	0	0	1
Republican	16	0	0	1

How each member voted

Passed April 19, 2007

Version voted on: SB 6167

98 Yea 0 Nay 0 Absent 0 Excused

Party	Yea	Nay	Absent	Excused
Democrat	63	0	0	0
Republican	35	0	0	0

How each member voted

May 15, 2007Effective date 7/22/2007.
May 15, 2007Chapter 493, 2007 Laws.
May 15, 2007Governor signed.
Apr 22, 2007Speaker signed.
Apr 22, 2007Delivered to Governor.
Apr 20, 2007President signed.
Apr 19, 2007Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
Apr 19, 2007Rules suspended. Placed on Third Reading.
Apr 19, 2007Rules Committee relieved of further consideration. Placed on second reading.
Apr 17, 2007Passed to Rules Committee for second reading.
Apr 16, 2007APP - Executive action taken by committee.
Apr 16, 2007APP - Majority; do pass.
Apr 13, 2007First reading, referred to Appropriations.
Apr 11, 2007Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2.
Apr 11, 2007Rules suspended. Placed on Third Reading.
Apr 10, 2007Placed on second reading by Rules Committee.
Apr 2, 2007Passed to Rules Committee for second reading.
Apr 2, 2007WM - Majority; do pass.
Mar 26, 2007First reading, referred to Ways & Means.

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

SB 6167 (2025–26) Down payment assistance · Did not pass · died in committee
SB 6167 (2023–24) Local government procurement · Did not pass · passed Senate, stalled in House
SB 6167 (2019–20) Homelessness BSA approps. · Did not pass · died in committee
SB 6167 (2017–18) Disabled veteran assist./tax · Did not pass · died in committee
SB 6167 (2015–16) Health care provider comp. · Did not pass · died in committee
SB 6167 (2013–14) Physical therapists · Did not pass · died in committee
SB 6167 (2011–12) Criminal ID system info · Enacted · Chapter 44, Laws of 2012
SB 6167 (2009–10) Crimes against property · Enacted · Chapter 431, Laws of 2009