Bill Summary for H 651 (2017-2018)

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Bill: STATE PENSION/RET. HEALTH BEN. FUND SOLVENCY.

Summary date: 

Jun 14 2018
S.L. 2018-30

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 651 (Public) Filed Thursday, April 6, 2017
AN ACT TO ESTABLISH THE UNFUNDED LIABILITY SOLVENCY RESERVE.
Intro. by Dollar, Lambeth, McNeill, Ross.

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Bill summary

Senate committee substitute makes the following changes to 2nd edition. Deletes GS 143C-4-9(c)(3), removing funds transferred under GS 142-15.4, 142-96, and 143C-4-2 from the sources of funds for the Unfunded Liability Solvency Reserve. Changes effective date of this act from October 1, 2017, to October 1, 2018.