HB 1921-1_ Filed 02/26/2001, 20:30
PREVAILED Roll Call No. _______
FAILED Ayes _______
WITHDRAWN Noes _______
RULED OUT OF ORDER
HOUSE MOTION ____
I move that House Bill 1921 be amended to read as follows:
SOURCE: Page 4, line 39; (01)MO192101.4. -->
Page 4, between lines 39 and 40, begin a new paragraph and insert:
SOURCE: ; (01)MO192101.6. -->
"SECTION 6. [EFFECTIVE JULY 1, 2001] (a) This SECTION
applies to a city hospital in a third class city established under
(b) As used in this SECTION, "fund" refers to the public
employees' retirement fund established by
(c) If, on July 1, 2001, a hospital described in subsection (a) has
an account with the fund for the benefit of its former employees,
(1) the hospital's assets have been sold to a private entity; and
(2) the hospital's employees have become employees of the
the board of trustees of the fund shall transfer the entire value of
the assets attributed to the hospital's participation in the fund to
the fund account of the county where the hospital is located and
shall add the amounts in the hospital's fund account to the
county's fund account.
(d) A county whose fund account includes amounts transferred
from the fund account of a hospital under subsection (c) assumes
all of the assets and liabilities attributable to the hospital's fund
account, except for any liability that:
(1) is attributable to employer contributions due the fund;
(2) arose before January 1, 2000.
(e) Any liability of a hospital described in subsection (c) with
respect to employer contributions that remain unpaid on July 1,
2001, is canceled, and the fund may not take any further action to
collect those employer contributions.
(f) This SECTION expires January 1, 2002.
Renumber all SECTIONS consecutively.
(Reference is to HB 1921 as printed February 23, 2001.)
MO192101/DI 102 2001