SB394 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
State Employee Retirees' Trust Fund Funding Act, State Employee Retirees' Trust Fund created in State Treasury as permanent trust and investment account to fund periodic bonus checks for state employee retirees
Description
<p class="bill_description"> This bill would create the State Employee
Retirees' Trust Fund Funding Act of 2021</p><p class="bill_description">
This bill would establish a separate fund in
the State Treasury known as the State Employee
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</p><p class="bill_entitled_an_act"> To create the State Employee Retirees' Trust Fund
Funding Act of 2021; to establish a separate fund in the State
Treasury known as the State Employee Retirees' Trust Fund for
the purpose of establishing a permanent trust and investment
account for the funds and earnings received to provide state
employee retirees with periodic bonus checks.
</p>
Subjects
State Employees
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 4, 2021 | S | Indefinitely Postponed |
| April 22, 2021 | S | Finance and Taxation General Fund first Amendment Offered |
| April 22, 2021 | S | Read for the second time and placed on the calendar 1 amendment |
| April 15, 2021 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 21, 2021 | Room 825 at 11:00 | Senate F&TG Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB394 Alabama 2021 Session - Introduced |
| Bill Amendments | Senate Finance and Taxation General Fund first Amendment Offered |
| Fiscal Note | Fiscal Note - SB394 for Finance and Taxation General Fund |
| Fiscal Note | Fiscal Note - SB394 for Finance and Taxation General Fund |