HB305 Alabama 2014 Session

Updated Jan 10, 2026

HB305 Alabama 2014 Session

House Bill

Expired

Current Status

Regular Session 2014

Session

7

Sponsors

Summary

Primary Sponsor: Craig Ford
Independent
Co-Sponsors: Artis McCampbell Darrio Melton Barbara Bigsby Boyd Thomas Jackson Marcel Black Merika Coleman
Session: Regular Session 2014
Title: Retirement, DROP reestablished, exceptions, Secs. 16-25-150, 36-27-170 am'd.
Description: Currently, members of the Teachers' Retirement System and the Employees' Retirement System may not be new participants in the DROP Program after April 1, 2011, which also imposes limits on interest that could be paid on DROP accounts.
This bill would reestablish the DROP and would remove limits on interest that could be paid on DROP accounts.
Subjects: Retirement

Bill Actions

Read for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) HB305 Alabama 2014 Session - Introduced

Source: Alabama Legislature