SJ0001SAM001 SS1 LRB095 12658 RCE 37976 a

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AMENDMENT TO SENATE JOINT RESOLUTION 1
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FIRST SPECIAL SESSION

 
3     AMENDMENT NO. ___. Amend Senate Joint Resolution 1, First
4 Special Session, on page 3, line 14, by replacing the period
5 with the following:
 
6 "; and be it further
 
7     RESOLVED, that 100% of the proceeds of the sale of any
8 State asset and any State pension obligation bonds shall be
9 deposited with the State's 5 pension systems on a pro-rata
10 basis; and further that the State shall comply with the current
11 statutory pension funding law with respect to State pension
12 contributions and the current general obligation bond law with
13 respect to payment of debt service in fiscal year 2008 and
14 future years.".