Category: Economy, Budget and Taxes
HB 616 (2019)
House/Senate Bill: House
Description: Grants a cost of living adjustment (COLA) of 1.5 percent to all retirees or beneficiaries who have been retired for at least 60 months (5 years). The House amended the bill to only apply 1.5 percent to the first $50,000 of a pension benefit.
Bill Sponsor: Dianne Schuett
Bill Co Sponsor: Click the "Link to Full Bill" for information
Next Hearing Date: Wed, 04/24/2019
Next Voting Date: Thu, 05/23/2019