SB 156 - Retirement; counties, municipal corporations; post-employment benefits; define certain terms
Current Status
05/11/07 - Senate Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Article 2 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, relating to minimum funding standards for public retirement systems, so as to provide that counties, municipal corporations, and other political subdivisions may provide post-employment benefits other than retirement or pension benefits; to define certain terms; to provide that such plans may be prefunded to comply with certain financial reporting, disclosure, and actuarial requirements; to provide that such funds shall be held in trust for the intended purpose; to provide that such funds are declared to be public property exempt from state and local taxation; to provide for related matters; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 03/27/2007 | 7:19PM | Senate Vote #208 | 047 | 003 | 005 | 001 | PASSAGE BY SUBSTITUTE |
| 04/16/2007 | 11:08AM | House Vote #299 | 129 | 000 | 036 | 015 | PASS |
| 04/20/2007 | 1:23PM | Senate Vote #418 | 046 | 003 | 003 | 004 | AGREE TO HOUSE SUBSTITUTE |
Status History
Bill History| Date | Action |
|---|
| 02/14/2007 | Senate Read and Referred |
| 03/19/2007 | Senate Committee Favorably Reported |
| 03/20/2007 | Senate Read Second Time |
| 03/27/2007 | Senate Third Read |
| 03/27/2007 | Senate Passed/Adopted |
| 03/28/2007 | House First Readers |
| 03/29/2007 | House Second Readers |
| 04/11/2007 | House Committee Favorably Reported |
| 04/16/2007 | House Third Readers |
| 04/16/2007 | House Passed/Adopted |
| 04/20/2007 | Senate Agrees House Amend or Sub |
| 04/26/2007 | Senate Sent to Governor |
| 05/11/2007 | Senate Date Signed by Governor |
| 05/11/2007 | Act 23 |
| 07/01/2007 | Effective Date |
