SB159 Alabama 2017 Session
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Bill Summary
Sponsors
Session
Regular Session 2017
Title
Education Retirees' Trust Fund for Cost-of-Living Allowances, creation in State Treasury, investment of funds
Description
This bill would create a separate fund in the State Treasury known as the Education Retirees' Trust Fund for Cost-of-Living Adjustments. The function of the Education Retirees' Trust Fund for Cost-of-Living Adjustments shall be to serve as a permanent trust and as an investment account for the earnings and funds received for the purpose of providing education retirees with cost-of-living increases or one-time bonuses
To create a separate fund in the State Treasury known as the Education Retirees' Trust Fund for Cost of Living Adjustments for the purpose of establishing a permanent trust and investment account for the funds and earnings received to provide education retirees with cost-of-living increase or one-time bonuses.
Subjects
State Treasury
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2017 | H | Pending third reading on day 26 Favorable from Ways and Means Education with 1 amendment |
| May 9, 2017 | H | Ways and Means Education first Amendment Offered |
| May 9, 2017 | H | Read for the second time and placed on the calendar 1 amendment |
| March 9, 2017 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
| March 9, 2017 | S | Engrossed |
| March 7, 2017 | S | Motion to Read a Third Time and Pass adopted Roll Call 244 |
| March 7, 2017 | S | Whatley motion to Adopt adopted Roll Call 243 |
| March 7, 2017 | S | Whatley first Substitute Offered |
| March 7, 2017 | S | Whatley motion to Table adopted Voice Vote |
| March 7, 2017 | S | Finance and Taxation Education Amendment Offered |
| March 7, 2017 | S | Third Reading Passed |
| February 16, 2017 | S | Read for the second time and placed on the calendar 1 amendment |
| February 9, 2017 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | May 9, 2017 | Room 617 at 12:15 | House W&ME Hearing |
| Hearing | April 19, 2017 | **Room 617** at 09:00 | House W&ME Hearing |
| Hearing | February 15, 2017 | Room 727 at 10:00 | Senate F&TE Hearing |
| Hearing | February 15, 2017 | Room 727 at 10:30 | Senate F&TE Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB159 Alabama 2017 Session - Engrossed |
| Bill Text | SB159 Alabama 2017 Session - Introduced |
| Bill Amendments | Senate Finance and Taxation Education Amendment Offered |
| Bill Amendments | Senate Whatley first Substitute Offered |
| Bill Amendments | House Ways and Means Education first Amendment Offered |