2004-05-01                     Senate Journal                      Page 3197
SB 232                                                                                            
The Finance Committee considered SENATE BILL NO. 232 "An Act                                        
relating to federal requirements for governmental plan and other                                    
qualifications for the teachers' retirement system, the public                                      
employees' retirement system, and the judicial retirement system; and                               
providing for an effective date" and recommended it be replaced with                                
                                                                                                    
          CS FOR SENATE BILL NO. 232(FIN) "An Act                                                   
          relating to federal tax requirements for and other                                        
          provisions of the teachers' retirement system, the                                        
          public employees' retirement system, and the judicial                                     
          retirement system; removing village public safety                                         
          officers from the public employees' retirement                                            
          system; eliminating the public employees' retirement                                      
          system conditional duty to refund contributions under                                     
          $1,000 to inactive employees; limiting service credit                                     
          for village public safety officer service in the public                                   
          employees' retirement system to five years; and                                           
          providing for an effective date."                                                         
                                                                                                    
Signing do pass: Senator Wilken, Cochair; Senators Dyson, Bunde,                                    
Ben Stevens. Signing no recommendation: Senator Green, Cochair;                                     
Senators Hoffman, Olson.                                                                            
                                                                                                    
The following previously published fiscal information applies:                                      
 Fiscal Note No. 2, zero, Department of Administration                                              
                                                                                                    
The bill was referred to the Rules Committee.