BUDGET STABILIZATION-PENSIONS
Summary
Amends the Budget Stabilization Act. Further limits the General Assembly's appropriations, transfers, and diversions from general funds in fiscal years in which estimated revenues exceed the prior fiscal year's general funds revenues and requires the transfer of the remaining revenue to the State-funded retirement systems. Sets forth requirements for the transfers to the retirement systems. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Dec 2005
Committee Review
Floor Vote
Governor
Introduced Dec 29, 2005
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 9, 2007
House · Failed
Session Sine Die
Jan 4, 2006
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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