BILL · 2019–20 SESSION
SB 5999: Unfunded actuarial liability
Making expenditures from the budget stabilization account for public employer unfunded actuarially accrued liabilities.
Summary
- Appropriates $183,749,000 from the Budget Stabilization Account to be used to reduce the Teachers' Retirement System Plan 1 underfunded actuarially accrued liability.
From the Senate Bill Report (SB 5999), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedMar 29, 2019
- Out of committeeApr 19, 2019
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- John Braun (R-20)
- Introduced
- March 29, 2019 in the Senate
- Last action
- January 13, 2020
- Budget
- Makes appropriations · Has a fiscal note
AN ACT Relating to making expenditures from the budget stabilization account for public employer unfunded actuarially accrued liabilities;
Sponsors
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status.
- Returned to Rules.
- Passed to Rules Committee for second reading.
- Placed on second reading by Rules Committee.
- Minority; without recommendation.
- WM - Majority; do pass.
- First reading, referred to Ways & Means.
SB 5999 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 5999 (2025–26) Ecosystem services
- SB 5999 (2023–24) Financial aid eligibility
- SB 5999 (2017–18) Bond proceeds/employees
- SB 5999 (2015–16) Caseload forecast council
- SB 5999 (2013–14) Corporate entity conversions
- SB 5999 (2011–12) Greenhouse gas reporting
- SB 5999 (2009–10) Rural library districts
- SB 5999 (2007–08) Unemployment insurance