HB578 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Alabama Retired Education Employees' Health Care Trust, percentage of full market value of trust allowed to be distributed, increased, Sec. 36-36-6 am'd.
Description
Currently, the Public Education Employees Health Insurance Board, as Trustees of the Alabama Retired Education Employees' Health Care Trust may distributed up to 10% of the full market value of the trust in any given year. This bill will allow the distribution to be 20%
To amend Section 36-36-6, Code of Alabama 1975, to provide further for the distribution of the assets of the Alabama Retired Education Employees' Health Care Trust.
Subjects
Health
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 5, 2014 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB578 Alabama 2014 Session - Introduced |