SB159 Alabama 2017 Session
Bill Summary
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.
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 Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB159 Alabama 2017 Session - Engrossed |
| Bill Text | SB159 Alabama 2017 Session - Introduced |
Source: Alabama Legislature