Legislature(2013 - 2014)
2013-04-04 House JournalFull Journal pdf
2013-04-04 House Journal Page 0882 HB 174 The Community & Regional Affairs Committee considered: HOUSE BILL NO. 174 "An Act requiring each municipality with a population that decreased by more than 25 percent between 2000 and 2010 that participates in the defined benefit 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; reducing the rate of interest payable by a municipality with a population that decreased by more than 25 percent between 2000 and 2010 that is delinquent in transmitting employee and employer contributions to the defined benefit plan of the Public Employees' Retirement System of Alaska; giving retrospective effect to the substantive provisions of the Act; and providing for an effective date." and recommends it be replaced with: CS FOR HOUSE BILL NO. 174(CRA) (same title) The report was signed by Representatives LeDoux and Nageak, Co- chairs, with the following individual recommendations: Do pass (2): Foster, Nageak Do not pass (1): Reinbold No recommendation (1): LeDoux The following fiscal note(s) apply to CSHB 174(CRA): 1. Fiscal, Dept. of Administration HB 174 was referred to the Labor & Commerce Committee.