Legislature(2013 - 2014)

2014-04-03 House Journal

Full Journal pdf

2014-04-03                     House Journal                      Page 2163
HB 152                                                                                                                        
The Labor & Commerce Committee considered:                                                                                      
                                                                                                                                
    HOUSE BILL NO. 152                                                                                                          
    "An Act requiring certain employers who terminate participation                                                             
    in the defined benefit retirement plan or the defined contribution                                                          
    retirement plan of the Public Employees' Retirement System to                                                               
    make contributions related to past service liability and pay                                                                
    termination costs; repealing a requirement that employers who                                                               
    terminate participation in the defined contribution retirement plan                                                         
    or the defined benefit retirement plan of the Public Employees'                                                             
    Retirement System pay for a termination cost study; and providing                                                           
    for an effective date."                                                                                                     
                                                                                                                                

2014-04-03                     House Journal                      Page 2164
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 152(L&C)                                                                                              
    "An Act eliminating requirements that certain employers who                                                                 
    terminate participation in the defined benefit retirement plan of the                                                       
    public employees' retirement system pay termination costs and the                                                           
    cost of a termination cost study in order to become eligible for                                                            
    future participation in the public employees' retirement system;                                                            
    repealing requirements that employers who terminate participation                                                           
    in the defined contribution retirement plan or the defined benefit                                                          
    retirement plan of the public employees' retirement system pay                                                              
    termination costs and pay for a termination cost study; and                                                                 
    providing for an effective date."                                                                                           
                                                                                                                                
The report was signed by Representative Olson, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (2):  Herron, Olson                                                                                                     
                                                                                                                                
Do not pass (1):  Josephson                                                                                                     
                                                                                                                                
No recommendation (4):  Millett, Chenault, Reinbold, Saddler                                                                    
                                                                                                                                
The following fiscal note(s) apply to CSHB 152(L&C):                                                                            
                                                                                                                                
1.  Indeterminate, Dept. of Administration                                                                                      
                                                                                                                                
HB 152 was referred to the Finance Committee.