Bill Status of HB1146 94th General Assembly
Short Description: FINANCE-ST PENSION FUND
Rep. Jim Watson
| 1/9/2007||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Finance Act. Provides that, in each fiscal year in which the State's cash balance at the end of the fiscal year is in excess of $750,000,000, that excess must be transferred into the State Pensions Fund for immediate disbursement. Provides that the State Pensions Fund shall also include moneys appropriated or otherwise transferred into that Fund, as otherwise provided by law. Effective immediately.