6168-S.E AMH LEAV PRIN 654
ESSB 6168 - H AMD TO H AMD (H-5090.3/20) 1726
By Representative Leavitt
ADOPTED 02/28/2020
On page 401, after line 9, insert the following:
"NEW SECTION. Sec. 716. A new section is added to 2019 c 415 (uncodified) to read as follows: COMPENSATION—PERS AND TRS PLAN 1 RETIREE BENEFIT INCREASES
General Fund—State Appropriation (FY 2021) $11,713,000
General Fund—Federal Appropriation$53,000
General Fund—Local Appropriation$34,000
Other Appropriated Funds$420,000
TOTAL APPROPRIATION$13,112,000
The appropriations in this section in addition to adjustments to pension contribution rate costs in agency budgets described in section 911 of this act, and are subject to the following conditions and limitations: The appropriations in this section are provided solely for implementation of Engrossed House Bill No. 1390 (plan 1 retiree benefit increases). Of these amounts, $15,039,000 of the general fund—state appropriation is for allocation to school districts. If the bill is not enacted by June 30, 2020, the amounts appropriated in this section shall lapse."
| EFFECT: Increases funding for pension contribution rate increases attributable to enacting Engrossed House Bill No. 1390 (Plan 1 retiree benefit increases).
FISCAL IMPACT: Increases General Fund-State for fiscal year 2021 by $11,713,000 Increases Other Funds by $1,399,000
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