Bill History/Action for Legislature

Bill HB 78
Current Status TRANSMITTED TO (S)
Status Date 05/12/2025

Bill Version CSHB 78(FIN) AM(EFD FLD)
Short Title RETIREMENT SYSTEMS; DEFINED BENEFIT OPT.

Sponsor(S) HOUSE FINANCE
Title "An Act relating to the public employees' retirement system and the teachers' retirement system; and providing certain employees an opportunity to choose between the defined benefit and defined contribution plans of the public employees' retirement system and the teachers' retirement system."

Actions
Full Text
Fiscal Notes
Amendments
Minutes and Audio
Documents

Version	Amended Name	PDF	Date	House
Full Text of HB 78			Intro/ Offered	Passed
HB0078A	HB 78	pdf	01/31/2025
HB0078B	CSHB 78(FIN)	pdf	05/09/2025
HB0078C	CSHB 78(FIN) am(efd fld)	pdf	05/10/2025	05/12/2025

Fiscal Action Summary

Fiscal Note	Preparer	Date	Chamber	Fiscal Impact	Cmte Report
HB 78				Published
pdf Fiscal Note 1	Administration	05/09/2025	H	Y	HFIN
pdf Fiscal Note 2	Administration	05/09/2025	H	Y	HFIN

Bill Amendments Summary

Bill : HB 78

Amendments that are adopted are incorporated into the next version of the bill.
PDF versions of the amendment may have slight variations from the Journal entry. The Journal should be considered the authoritative version.

Amendment	Chamber	Action	Date	Page	PDF
			Action	Journal
AM 1	H	AM NO 1 FAILED Y17 N21 E2	2025-05-10	1091	pdf
AM 2	H	AM NO 2 OFFERED	2025-05-10	1093	pdf
AM 2	H	AM NO 2 AS AMD ADOPTED Y21 N17 E2	2025-05-10	1097	pdf
AM 1 to AM 2	H	AM 1 TO AM 2 ADOPTED UC	2025-05-10	1097	pdf
AM 3	H	AM NO 3 FAILED Y16 N22 E2	2025-05-10	1098	pdf
AM 4	H	AM NO 4 FAILED Y16 N22 E2	2025-05-10	1099	pdf
AM 5	H	AM NO 5 FAILED Y13 N25 E2	2025-05-10	1100	pdf
AM 6	H	AM NO 6 FAILED Y17 N21 E2	2025-05-10	1101	pdf
AM 7	H	AM NO 7 OFFERED AND WITHDRAWN	2025-05-10	1103	pdf
AM 8	H	AM NO 8 NOT OFFERED	2025-05-10	1104
AM 9	H	AM NO 9 FAILED Y17 N21 E2	2025-05-10	1104	pdf
AM 10	H	AM NO 10 OFFERED AND WITHDRAWN	2025-05-10	1105	pdf
AM 11	H	AM NO 11 FAILED Y16 N22 E2	2025-05-10	1109	pdf
AM 12	H	AM NO 12 FAILED Y17 N21 E2	2025-05-10	1111	pdf
AM 13	H	AM NO 13 NOT OFFERED	2025-05-10	1114
AM 14	H	AM NO 14 OFFERED	2025-05-10	1114	pdf
AM 14	H	AM NO 14 AS AMD ADOPTED UC	2025-05-10	1115	pdf
AM 1 to AM 14	H	AM 1 TO AM 14 ADOPTED UC	2025-05-10	1115	pdf
AM 15	H	AM NO 15 FAILED Y15 N23 E2	2025-05-10	1115	pdf

House and Senate Minutes/Recordings

Bill : HB 78

Meeting Date	Start Time	Title
5/7/2025	1:30 PM	HOUSE FINANCE	Audio/Video
4/30/2025	1:30 PM	HOUSE FINANCE	Audio/Video
4/29/2025	1:30 PM	HOUSE FINANCE	Audio/Video
4/4/2025	1:30 PM	HOUSE FINANCE	Audio/Video
4/3/2025	1:30 PM	HOUSE FINANCE	Audio/Video
4/2/2025	1:30 PM	HOUSE FINANCE	Audio/Video
2/27/2025	1:30 PM	HOUSE FINANCE	Audio/Video
2/18/2025	1:30 PM	HOUSE FINANCE	Audio/Video
2/11/2025	1:30 PM	HOUSE FINANCE	Audio/Video
2/10/2025	1:30 PM	HOUSE FINANCE	Audio/Video

Documents for Bill HB 78 34th Legislature

Additional documents may be added - continue to check back.

Document Name	Date/Time	Subjects
HB 78 Amendments w Actions 050725.pdf	HFIN 5/7/2025 1:30:00 PM	HB 78
HB 78 Amendment 5 Backup Stapp 050725.pdf	HFIN 5/7/2025 1:30:00 PM	HB 78
HB078 ver N Explaination of Changes.pdf	HFIN 4/30/2025 1:30:00 PM	HB 78
HB 78 CS FIN WorkDraft 042925 v.N.pdf	HFIN 4/29/2025 1:30:00 PM	HB 78
HB 78 Gallagher Presentation to HFIN 4.29.25.pdf	HFIN 4/29/2025 1:30:00 PM	HB 78
HB 78 Gallagher - Fiscal Note FY27-FY39 (UPDATED).pdf	HFIN 4/29/2025 1:30:00 PM	HB 78
HB 78 Public Testimony_rec'd as 4.11.25.pdf	HFIN 4/4/2025 1:30:00 PM	HB 78
HB 78 Letter of Support_AACP 4.8.25.pdf	HFIN 4/4/2025 1:30:00 PM	HB 78
HB 78 NEW FN HFIN RETIREMENT SYS Defined Benefit Op Various 040325pdf.pdf	HFIN 4/3/2025 1:30:00 PM	HB 78
HB 78 NEW FN HFIN RETIREMENT SYS Defined Benefit Op PERS 040325.pdf	HFIN 4/3/2025 1:30:00 PM	HB 78
HB 78 Public Testimony Rec'd by 040425 am.pdf	HFIN 4/4/2025 1:30:00 PM	HB 78
HB 78 Cheiron Presentationv 040325-2.pdf	HFIN 4/3/2025 1:30:00 PM	HB 78
HB 78 AML 2025-04-Actuarial-Amortization-Policy.pdf	HFIN 4/3/2025 1:30:00 PM	HB 78
HB 78 ALSKNEAP Report Letter 032025vs.pdf	HFIN 4/3/2025 1:30:00 PM	HB 78
HB 78 DRB Tiers & Unfunded Liability April 2, 2025.pdf	HFIN 4/2/2025 1:30:00 PM	HB 78
HB 78 AML 2025-04-Actuarial-Amortization-Policy.pdf	HFIN 4/2/2025 1:30:00 PM	HB 78
HB 78 Public Testimony Rec'd by 030425.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 Letter of Support WCC 2.24.25.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 NEAA Presentation 022725.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 ACSA Presentation 2.27.25.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 Additional Document - Chilkat Valley News Artcle, October 8, 2024.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 Letters of Support - rec'd as of 02.25.25.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 Keith Brainard Testimony.pdf	HFIN 2/27/2025 1:30:00 PM	HB 78
HB 78 NIRS-Pensionomics-2025-Report-FINAL.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 Additional Doc Better-Bang-for-the-Buck-.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 Additional Doc Enduring-Challenges.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 - Presentation HFIN Tyler Bond NIRS 2.18.25.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 Additonal Document - Workforce Profile 2024.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 Additonal Document - AMHS ADN article 02.24.25.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 Additional Document - TRR Survey Results.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB 78 Additional Document - Buck 2023 Acctuarial Evaltions for Legacy DB.pdf	HFIN 2/18/2025 1:30:00 PM	HB 78
HB078 Sectional Analysis Ver A 2.10.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 HFIN Presentation 02.10.25-.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Doonan NIRS Presentation 02.08.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Fiscal Note DOA-DRB-2-7-2025.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Additional Document - Fiscal Component Analysis (April 2024) 02.09.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Teresa Ghilarducci Presentation 02.11.25.pdf	HFIN 2/11/2025 1:30:00 PM	HB 78
HB 78 TRS Tier chart 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 PERS Tier chart 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Patinkin Research Polling 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 LFD & Research's Retirement System Report (January 2021) 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Ghilarducci Report (October 2024) 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Ghilarducci Report (January 2024) 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 DPS Recruitment-Retention Plan Overview 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 AK Teacher Recruitment & Retention Study 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 DPS Cost to Replace a State Trooper 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 AK Educator Turnover Infographic 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Summary Table , version A 02.06.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78
HB 78 Sponsor Statement ver A. 2.7.25.pdf	HFIN 2/10/2025 1:30:00 PM	HB 78

Jrn Date	Jrn Page	Text
1/31/2025	113	(H) READ THE FIRST TIME - REFERRALS
1/31/2025	113	(H) FIN
2/10/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
2/10/2025	Text	(H) Heard & Held -- Testimony <Invitation Only> --
2/11/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
2/11/2025	Text	(H) Heard & Held
2/18/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
2/18/2025	Text	(H) Heard & Held
2/27/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
2/27/2025	Text	(H) Heard & Held
4/2/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
4/2/2025	Text	(H) Heard & Held
4/3/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
4/3/2025	Text	(H) Heard & Held
4/4/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
4/4/2025	Text	(H) Heard & Held
4/29/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
4/29/2025	Text	(H) Heard & Held
4/30/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
4/30/2025	Text	(H) Heard & Held -- Recessed to 20 min, after adjournment --
5/7/2025	Text	(H) FINANCE at 01:30 PM ADAMS 519
5/7/2025	Text	(H) Moved CSHB 78(FIN) Out of Committee
5/9/2025	1066	(H) FIN RPT CS(FIN) NEW TITLE 6DP 3DNP 2AM
5/9/2025	1066	(H) DP: HANNAN, GALVIN, JIMMIE, FOSTER, JOSEPHSON, SCHRAGE
5/9/2025	1066	(H) DNP: JOHNSON, ALLARD, TOMASZEWSKI
5/9/2025	1066	(H) AM: BYNUM, STAPP
5/9/2025	1066	(H) FN1: (ADM)
5/9/2025	1066	(H) FN2: (ADM/VARIOUS DEPTS)
5/10/2025	1090	(H) RULES TO CALENDAR 5/10/2025
5/10/2025	1090	(H) READ THE SECOND TIME
5/10/2025	1091	(H) FIN CS ADOPTED UC
5/10/2025	1091	(H) AM NO 1 FAILED Y17 N21 E2
5/10/2025	1093	(H) AM NO 2 OFFERED
5/10/2025	1096	(H) DIVIDE THE AMENDMENT FAILED Y15 N23 E2
5/10/2025	1097	(H) AM 1 TO AM 2 ADOPTED UC
5/10/2025	1097	(H) AM NO 2 AS AMD ADOPTED Y21 N17 E2
5/10/2025	1098	(H) AM NO 3 FAILED Y16 N22 E2
5/10/2025	1099	(H) AM NO 4 FAILED Y16 N22 E2
5/10/2025	1100	(H) AM NO 5 FAILED Y13 N25 E2
5/10/2025	1101	(H) AM NO 6 FAILED Y17 N21 E2
5/10/2025	1103	(H) AM NO 7 OFFERED AND WITHDRAWN
5/10/2025	1104	(H) AM NO 8 NOT OFFERED
5/10/2025	1104	(H) AM NO 9 FAILED Y17 N21 E2
5/10/2025	1105	(H) AM NO 10 OFFERED AND WITHDRAWN
5/10/2025	1109	(H) AM NO 11 FAILED Y16 N22 E2
5/10/2025	1111	(H) AM NO 12 FAILED Y17 N21 E2
5/10/2025	1114	(H) AM NO 13 NOT OFFERED
5/10/2025	1114	(H) AM NO 14 OFFERED
5/10/2025	1115	(H) AM 1 TO AM 14 ADOPTED UC
5/10/2025	1115	(H) AM NO 14 AS AMD ADOPTED UC
5/10/2025	1115	(H) AM NO 15 FAILED Y15 N23 E2
5/10/2025	1118	(H) ADVANCED TO THIRD READING 5/12 CALENDAR
5/12/2025	1152	(H) READ THE THIRD TIME CSHB 78(FIN) AM
5/12/2025	1153	(H) BEFORE HOUSE ON FINAL PASSAGE
5/12/2025	1153	(H) SUSTAINED RULING OF CHAIR Y21 N19
5/12/2025	1154	(H) PASSED Y21 N19
5/12/2025	1154	(H) EFFECTIVE DATE(S) FAILED Y21 N19
5/12/2025	1155	(H) ...CHANGES TITLE OF LEGISLATION
5/12/2025	1163	(H) TRANSMITTED TO (S)
5/12/2025	1163	(H) VERSION: CSHB 78(FIN) AM(EFD FLD)