Bill Text: AZ SB1468 | 2021 | Fifty-fifth Legislature 1st Regular | Engrossed
Bill Title: DPS; pension liability; supplemental appropriation
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2021-03-30 - House APPROP Committee action: Do Pass, voting: (7-5-0-1-0-0) [SB1468 Detail]
Download: Arizona-2021-SB1468-Engrossed.html
|
Senate Engrossed
DPS; pension liability; supplemental appropriation |
|
State of Arizona Senate Fifty-fifth Legislature First Regular Session 2021
|
|
SENATE BILL 1468 |
|
|
|
|
AN ACT
Appropriating monies to the public safety personnel retirement system.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Supplemental appropriation; PSPRS; pension liability
In addition to any other appropriations made in fiscal year 2020-2021, the sum of $300,000,000 is appropriated from the state general fund in fiscal year 2020-2021 to the public safety personnel retirement system to be deposited in the employer account of the department of public safety public safety personnel retirement system group to reduce the unfunded accrued liability.
