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.
|March 5, 2014||H||Read for the first time and referred to the House of Representatives committee on Ways and Means Education|
|Bill Text||HB578 Alabama 2014 Session - Introduced|