2470-S AMH SILV MOOR2

SHB 2470 - H AMD 0038 ADOPTED 01/29/92

By Representatives Silver and Paris

      On page 191, after line 22, insert:

      "NEW SECTION. Sec. 904.  WORKLOAD AND EXPENDITURE REPORTING REQUIREMENTS.  The director of the office of financial management shall report to the chairs of the house committee on appropriations and the senate committee on ways and means no later than December 1, 1992 on the following items:

      (1)  The number of teachers and state employees retiring under the provisions of House Bill No. ....(H-3903/92; early retirement), the related 1991-93 biennial savings for salaries and benefits, and the related 1991-93 biennial cost to the pension systems.

      (2)  The actual and estimated increased 1991-93 federal earnings realized as a result of section 217(2) of this act.

      (3)  The actual and estimated 1991-93 savings in the income assistance program within the department of social and health services as a result of House Bill No. ....(H-3751; GAU eligibility)."

Renumber the remaining sections consecutively and correct internal references accordingly.   

EFFECT:  Requires the Office of Financial Management to report to the legislature on or before December 1, 1992 on the actual and/or estimated fiscal impacts of early retirement and GAU eligibility legislation, and the actual and/or estimated federal earnings realized as a result of this act.