Bill Text: AZ HB2020 | 2023 | Fifty-sixth Legislature 1st Regular | Engrossed
Bill Title: ASRS; contribution prepayment; appropriation
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2023-03-21 - Senate APPROP Committee action: Failed To Pass, voting: (3-7-0-0) [HB2020 Detail]
Download: Arizona-2023-HB2020-Engrossed.html
House Engrossed
ASRS; contribution prepayment; appropriation |
State of Arizona House of Representatives Fifty-sixth Legislature First Regular Session 2023
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HOUSE BILL 2020 |
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An Act
appropriating monies to the Arizona state retirement system.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Supplemental appropriation; Arizona state retirement system; employer contribution prepayment; exemption
A. In addition to any other appropriation made in fiscal year 2022-2023, the sum of $45,000,000 is appropriated from the state general fund in fiscal year 2022-2023 to the Arizona state retirement system to prepay this state's employers' 401(a) pension contributions pursuant to section 38-737, subsection D, Arizona Revised Statutes.
B. The appropriation made in subsection A of this section is exempt from the provisions of section 35-190, Arizona Revised Statutes, relating to lapsing of appropriations.