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
<p class="bill_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%</p><p class="bill_entitled_an_act"> 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.
</p>
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 |