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2011 Regular Session
At the request of:
Chief Sponsors:
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Bill Title: Relating to the Local Government Employer Benefit Trust Fund; and prescribing an effective date.
Catchline/Summary: Authorizes Director of the Employment Department to redetermine benefit cost rate, account reserve ratio and percentage rate at any time upon written request of political subdivision.
Allows political subdivision to request extended plan of additional payments in specified circumstances. Provides that extended plan of additional payments may not exceed period of 12 consecutive calendar quarters. Takes effect on 91st day following adjournment sine die.
Chapter Number: Chapter 569
Fiscal Impact: Has Minimal Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
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Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
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