BILL · 2017–18 SESSION

HB 2762: L&I annual investment return

Allowing the department to use a different assumption for annual investment returns for the reserve funds for self-insured and state fund pension claims.

Summary

  • Permits the Department of Labor and Industries to use different calculation methods for State Fund and self-insured pension liabilities.

From the House Bill Report (HB 2762), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 15, 2018
  2. Out of committeeJan 30, 2018
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Mike Sells (D-38)
Introduced
January 15, 2018 in the House
Last action
January 30, 2018
Requested by
State agency
Companion bill
SB 6393
Budget
Has a fiscal note

AN ACT Relating to allowing the department to use a different assumption for annual investment returns for the reserve funds for self-insured and state fund pension claims;

Sponsors

Prime sponsor: Mike Sells (D-38)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

No recorded floor votes.

History

  1. Referred to Rules 2 Review.
  2. APP - Majority; do pass.
  3. First reading, referred to Appropriations (Not Officially read and referred until adoption of Introduction report).

HB 2762 in other sessions

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

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