2017-05-13                     House Journal                      Page 1381
HB 47                                                                                                                         
The following was read the second time:                                                                                         
                                                                                                                                
      HOUSE BILL NO. 47                                                                                                         
      "An Act requiring certain municipalities with a population that                                                           
      decreased by more than 25 percent between 2000 and 2010 that                                                              
      participate in the defined benefit retirement plan of the Public                                                          
      Employees' Retirement System of Alaska to contribute to the                                                               
      system an amount calculated by applying a rate of 22 percent of                                                           
      the total of all base salaries paid by the municipality to employees                                                      
      of the municipality who are active members of the system during a                                                         
      payroll period; authorizing the administrator of the defined benefit                                                      
      retirement plan of the Public Employees' Retirement System of                                                             
      Alaska to reduce the rate of interest payable by certain                                                                  
      municipalities that are delinquent in transmitting employee and                                                           
      employer contributions to the retirement plan; and providing for                                                          
      an effective date."                                                                                                       
                                                                                                                                

2017-05-13                     House Journal                      Page 1382
with the:                                                                  Journal Page                                         
                                                                                                                                
 CRA RPT 4DP 1NR 1AM                                                                   390                                      
 FN1: INDETERMINATE(ADM)                                                               391                                      
 FIN RPT 5DP 6AM                                                                      1094                                      
 FN2: ZERO(ADM)                                                                       1094                                      
 FN3: (ADM/RETIREMENT PAYMENTS)                                                       1094                                      
                                                                                                                                
Representative Tuck moved and asked unanimous consent that HB 47                                                                
be considered engrossed, advanced to third reading, and placed on                                                               
final passage.                                                                                                                  
                                                                                                                                
There was objection.                                                                                                            
                                                                                                                                
HB 47 will advance to third reading on the May 15 calendar.