Category: Economy, Budget and Taxes

HB 1823 (2018) relative to layered amortization of retirement system liabilities.

House/Senate Bill: House

Description: Requires the retirement system to amortize annual unfunded liabilities accrued on or after July 1, 2017 separately from existing liabilities. According to the retirement system, this bill would have an undetermined financial impact, starting in 2022.

Bill Sponsor: Carol McGuire

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Wed, 03/21/2018

Next Voting Date: Thu, 04/05/2018

Bill Status

Signed by Governor
Passed House Committee: Yes
Passed House: Yes
Passed Senate Committee: Yes
Passed Senate: Yes
Signed by Governor: Yes

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