HB41 Alabama 2023 Session
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Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to the Teachers' Retirement System and the Employees' Retirement System; to amend Sections 16-25-26 and 36-27-8.2, Code of Alabama 1975, and to add Sections 16-25-25.2 and 36-27-8.3 to the Code of Alabama 1975; to temporarily revise the eligibility and compensation of retirees of either system for participating in either system after retirement.
Description
<p class="bill_description">
Under existing law, a retiree receiving an
Employees' Retirement System or Teachers' Retirement
System allowance may perform duties with an employer
participating in the system without suspension of the
retirement allowance, provided the person is not
employed in a permanent full-time capacity and the
compensation does not exceed $30,000 plus Consumer
Price Index adjustments after 2017</p><p class="bill_description"> This bill would temporarily revise the
eligibility requirements for participating and the
allowance a retiree of either system may earn for
performing duties with an employer participating in the
system</p><p class="bill_entitled_an_act"> Relating to the Teachers' Retirement System and the
Employees' Retirement System; to amend Sections 16-25-26 and
36-27-8.2, Code of Alabama 1975, and to add Sections
16-25-25.2 and 36-27-8.3 to the Code of Alabama 1975; to
temporarily revise the eligibility and compensation of
HB41 INTRODUCED
retirees of either system for participating in either system
after retirement.
</p>
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 4, 2023 | S | Referred to Committee to Senate Finance and Taxation General Fund |
| April 4, 2023 | H | Read First Time in Second House |
| April 4, 2023 | H | Read a Third Time and Pass |
| April 4, 2023 | H | On Third Reading in House of Origin |
| March 22, 2023 | H | Read Second Time in House of Origin |
| March 22, 2023 | H | Reported Out of Committee in House of Origin |
| March 22, 2023 | H | Reported Favorably from House Ways and Means General Fund |
| February 23, 2023 | H | Introduced and Referred to House Ways and Means General Fund |
| February 23, 2023 | H | Prefiled |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 22, 2023 | Room 617 at 13:30 | House Ways and Means General Fund Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB41 Alabama 2023 Session - Introduced |
| Fiscal Note | Fiscal Note - As Introduced |