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Latest Update: Wednesday, July, 23rd 2008

Pensions and Retirement Benefits - Directs excess appropriations of retirement contributions for teachers be used to improve retirement benefits. - Amends TCA Section 8-36-124.

Fiscal Summary for *HB0086 / SB0278

Increase State Expenditures - Annual Amortized Cost: $14,163,000 FY07-08 $28,326,000 FY08-09 $42,489,000 FY09-10 $56,652,000 FY10-11 $70,815,000 FY11-12 and Thereafter Increase Local Govt. Expenditures* - Annual Amortized Cost: $9,442,000 FY07-08 $18,884,000 FY08-09 $28,326,000 FY09-10 $37,768,000 FY10-11 $47,210,000 FY11-12 and Thereafter

Latest Actions
  • 02/21/2007 - Assigned to Subcommittee Budget of FW&M
  • 02/01/2007 - Passed second consideration, Referred to Finance
  • 01/31/2007 - Introduced, Passed first consideration
  • 01/30/2007 - Filed for Introduction
Bill Text
File name Last Updated
HB0086 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB0278 Fiscal Notes PDF10/27/2007