FINANCE-ST PENSION FUND
Summary
Amends the State Finance Act. Provides that, in each fiscal year in which the State's cash balance at the end of the fiscal year is in excess of $750,000,000, that excess must be transferred into the State Pensions Fund for immediate disbursement. Provides that the State Pensions Fund shall also include moneys appropriated or otherwise transferred into that Fund, as otherwise provided by law. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2005
Committee Review
Floor Vote
Governor
Introduced Feb 8, 2005
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
3
Jan 9, 2007
House · Failed
Session Sine Die
Mar 10, 2005
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 16, 2005
House · Referred to committee
Assigned to State Government Administration Committee
Feb 8, 2005
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Jim Watson
RRepublican
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