HB 1232-1_ Filed 02/01/2007, 09:35 Espich

Text Box

    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______





    I move that House Bill 1232 be amended to read as follows:

    Delete the title and insert the following:
    A BILL FOR AN ACT to amend the Indiana Code concerning pensions and to make an appropriation.

SOURCE: Page 3, line 27; (07)MO123201.3. -->     Page 3, after line 27, begin a new paragraph and insert:
SOURCE: ; (07)MO123201.3. -->     "SECTION 3. [EFFECTIVE JULY 1, 2007] (a) The budget agency shall transfer to the pension relief fund seventeen million eight hundred thousand dollars ($17,800,000) from the state general fund.
    (b) There is appropriated to the board of trustees of the public employees' retirement fund the amount provided in subsection (a) for the purpose of carrying out IC 5-10.3-11-4.7 beginning January 1, 2009, and ending December 31, 2011.
     (c) The budget agency shall transfer the amount provided in subsection (a) in a lump sum payment not later than five (5) business days after July 1, 2007.".
    (Reference is to HB 1232 as printed January 30, 2007.)


Representative Espich

MO123201/DI 116     2007