Sen. Phil Williams
Sen. Gerald Allen
Sen. Greg Reed
SB287 - Regular Session 2012
- Introduced - 02/09/2012
- Passed First House
- Passed Second House
- Sent to Governor
Teachers' Retirement System, Board of Control, membership altered, Sec. 16-25-19 am'd
|Sponsor||Sen. Phil Williams[Republican, 10]|
|Current Status||Calendar First House (Pending Committee Action in House of Origin)|
|Introduced||Feb 09, 2012|
|Last Action On||Feb 09, 2012|
|Last Action||Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability|
|Fiscal Notes for sb287 (Regular Session 2012)|
|Committee: Fiscal Responsibility and Accountability||Sponsor: Williams|
|Analyst: Lindsey Clements||Date: 02/15/2012|
Senate Bill 287 as introduced will increase the membership of the Board of Control of the Teachers' Retirement System (TRS) from 14 members to 22 members effective July 1, 2012. This provision will increase the administrative obligations of the TRS Board, paid from the TRS expense fund, by an estimated $2,250 for the fiscal year ending September 30, 2012 and by an estimated $9,000 each fiscal year thereafter.
|Phillip W. "Phil" Williams, Chairperson|
Fiscal Responsibility and Accountability
|Feb 09, 2012||Senate||Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability||Files|
Budget Isolation Resolution - The procedure by which the passage of the two budget bills (general and education) is given priority in the regular session. Passage of any other legislation must be preceded by the adoption of a resolution exempting it from the budget isolation process.
For a list of other terms used in the legislative process, view the state's legislative glossary page.
comments powered by Disqus