SB317 Alabama 2021 Session
Updated Apr 24, 2021
SB317 Alabama 2021 Session
Senate Bill
Expired
Current Status
Regular Session 2021
Session
1
Sponsor
Summary
- Primary Sponsor
Donnie ChesteenSenatorRepublican- Session
- Regular Session 2021
- Title
- Education Retirees' Trust Fund Funding Act, Education Retirees Trust Fund created in State Treasury as permanent trust to fund periodic bonus checks for education retirees, duties of TRS Board of Control specified
- Description
This bill is the Education Retirees' Trust Fund Funding Act of 2020.
This bill would establish a separate fund in the State Treasury known as the Education Retirees' Trust Fund, to serve as a permanent trust and as an investment account for the earnings and funds received for the purpose of periodic bonus checks.
- Subjects
- Teachers' Retirement System
Bill Actions
S
Read for the first time and referred to the Senate committee on Finance and Taxation Education
Bill Text
Documents
Source: Alabama Legislature