Bill

BUDGET STABILIZATION-PENSION

HB5610Economics and Public FinanceFiled

Amends the Budget Stabilization Act. Provides that specified amounts shall be transferred from the General Revenue Fund to the Pension Stabilization Fund beginning in fiscal year 2030 and continuing until the end of fiscal year 2045 or when each of the designated retirement systems has achieved 100% funding, whichever occurs first. Effective immediately.

Filed
In Committee
Passed Chamber
Final Approval