IN SB0441 | 2017 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2017 - 25% progression, died in committee
Action: 2017-01-12 - First reading: referred to Committee on Pensions and Labor
Pending: Senate Pensions and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 12 2017 - 25% progression, died in committee
Action: 2017-01-12 - First reading: referred to Committee on Pensions and Labor
Pending: Senate Pensions and Labor Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Supplemental allowance reserve accounts. Establishes supplemental allowance reserve accounts (reserve account) within the legislators' defined benefit plan, the state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan (EGC), the public employees' retirement fund (PERF), and the pre-1996 and 1996 accounts of the Indiana state teachers' retirement fund (TRF) for the purpose of paying cost of living adjustments, thirteenth checks, and other benefit changes or adjustments granted by the general assembly after June 30, 2017. Requires that, after June 30, 2017, the state lottery commission (commission) distribute each quarter $7.5 million of the surplus revenue from
Title
Supplemental allowance reserve accounts. Establishes supplemental allowance reserve accounts (reserve account) within the legislators' defined benefit plan, the state excise police, gaming agent, gaming control officer, and conservation enforcement officers' retirement plan (EGC), the public employees' retirement fund (PERF), and the pre-1996 and 1996 accounts of the Indiana state teachers' retirement fund (TRF) for the purpose of paying cost of living adjustments, thirteenth checks, and other benefit changes or adjustments granted by the general assembly after June 30, 2017. Requires that, after June 30, 2017, the state lottery commission (commission) distribute each quarter $7.5 million of the surplus revenue from
Sponsors
| Sen. Greg Walker [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-01-12 | Senate | First reading: referred to Committee on Pensions and Labor |
| 2017-01-12 | Senate | Authored by Senator Walker |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2017/bills/senate/441/details |
| Text | http://iga.in.gov/static-documents/c/7/1/4/c714b272/SB0441.01.INTR.pdf |
