HB65 Alabama 2015 Session
Bill Summary
Under existing law, applicants for membership in the Alabama Peace Officers' Annuity and Benefit Fund pay an initial fee of $20 and $20 per month for as long as they maintain their membership
This bill would authorize the board to charge an initial fee and a monthly fee of up to $40 based on the recommendation of an actuary employed by the board taking into consideration the cost of operating the fund
Under existing law, the actuary employed by the board determines what adjustments to the proposed payments, annuities, and benefits may be paid if the fund is to be kept on an actuarialy sound basis, and the board adjusts benefits up or down as recommended by the actuary
This bill would clarify the manner in which adjustments are made
To amend Sections 36-21-68 and 36-21-73 of the Code of Alabama 1975, to provide that the membership fees for the Alabama Peace Officers' Annuity and Benefit Fund would be set by the board up to a certain amount based on the recommendation of the actuary of the board; and to clarify that adjustments to benefits are calculated based on the recommendation of the actuary.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 7, 2015 | H | Enrolled |
| April 7, 2015 | H | Forwarded to Governor on April 7, 2015 at 4:07 p.m. on April 07, 2015. |
| April 7, 2015 | H | Assigned Act No. 2015-42. |
| April 7, 2015 | H | Clerk of the House Certification |
| April 7, 2015 | H | Enrolled |
| April 7, 2015 | S | Signature Requested |
| April 7, 2015 | H | Passed Second House |
| April 7, 2015 | S | Motion to Read a Third Time and Pass adopted Roll Call 325 |
| April 7, 2015 | S | Third Reading Passed |
| March 31, 2015 | S | Read for the second time and placed on the calendar |
| March 18, 2015 | S | Read for the first time and referred to the Senate committee on Governmental Affairs |
| March 17, 2015 | H | Treadaway intended to vote Abstain |
| March 17, 2015 | H | Motion to Read a Third Time and Pass adopted Roll Call 114 |
| March 17, 2015 | H | Third Reading Passed |
| March 11, 2015 | H | Reported from Public Safety and Homeland Security as Favorable |
| March 3, 2015 | H | Read for the first time and referred to the House of Representatives committee on Public Safety and Homeland Security |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 31, 2015 | Room 727 at 19:00 | Senate GA Hearing |
| Hearing | March 11, 2015 | Room 418 at 09:00 | House PS&HS Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB65 Alabama 2015 Session - Enrolled |
| Bill Text | HB65 Alabama 2015 Session - Introduced |