SB17-020

SB17-020 - Fire and Police Pension Association Statewide Plan Election Approval Standard

Passed/Signed into Law
Concerning the establishment of a uniform approval standard for fire and police pension association statewide plan elections.

Police Officers' and Firefighters' Pension Reform Commission.

Current law specifies that an employer in a statewide pension plan administered by the fire and police pension association may modify its status in the plan through a vote of the members of the plan. In some cases, a modification must be approved by 65% of the members employed by the employer, and in other cases, a modification must be approved by 65% of the members employed by the employers who vote in the election for the modification. The bill creates a uniform approval standard by requiring that any modifications be approved by 65% of the members employed by the employer who vote in the election for the plan modification.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

House Committees

Senate Committees

Latest update: March 8, 2017
03/08/2017 - Governor Signed
03/02/2017 - Sent to the Governor
03/02/2017 - Signed by the Speaker of the House
03/01/2017 - Signed by the President of the Senate
02/22/2017 - House Third Reading Passed - No Amendments
02/21/2017 - House Second Reading Passed - No Amendments
02/15/2017 - House Committee on Local Government Refer Unamended to House Committee of the Whole
02/01/2017 - Introduced In House - Assigned to Local Government
01/30/2017 - Senate Third Reading Passed - No Amendments
01/27/2017 - Senate Second Reading Passed - No Amendments
01/24/2017 - Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
01/11/2017 - Introduced In Senate - Assigned to Finance