Senate State Governmental Affairs Hearing
Finance and Taxation at 13:00:00

HB44 would reopen the Teachers' Retirement System to let St. Clair County DAY Program, Incorporated employees buy credit for prior service.
It allows active, vested, and contributing DAY Program employees and executive officers to participate in the Teachers' Retirement System (TRS). The DAY Program would pay the employer contributions monthly and may provide credit for prior service for eligible employees, funded according to actuarial costs. Benefits payable under this provision would be limited to the total employee and employer contributions plus interest and investment gains, minus administration costs, with no cost to the State.
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House
Pending Senate State Governmental Affairs
Re-Refer to SGA from Senate State Governmental Affairs
Pending Senate Local Legislation
Read for the first time and referred to the Senate Committee on Local Legislation
Motion to Read a Third Time and Pass - Adopted Roll Call 294
Third Reading in House of Origin
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Re-referred to Committee in House of Origin to House State Government
Pending House Local Legislation
Read for the first time and referred to the House Committee on Local Legislation
Prefiled
Finance and Taxation at 13:00:00
room 316 at 15:08:00
Room 206 at 16:00:00
Source: Alabama Legislature