CS FOR HOUSE BILL NO. 161(STA) am                                                                                          
     "An  Act relating  to reemployment  of and  benefits for  or on                                                            
     behalf  of  retired  teachers   and  public  employees  and  to                                                            
     teachers or employees  who participated in retirement incentive                                                            
     programs  and are subsequently  reemployed  as a commissioner;                                                             
     repealing  secs. 5, 7, and 9,  ch. 58, SLA 2001; providing  for                                                            
     an effective  date by amending  the delayed effective  date for                                                            
     secs.  3, 5, 9, and  12, ch. 57, SLA  2001, and repealing  sec.                                                            
     13, ch. 58,  SLA 2001, which is the delayed effective  date for                                                            
     secs.  5, 7,  and 9, ch.  58, SLA  2001; and  providing for  an                                                            
     effective date."                                                                                                           
                                                                                                                                
                                                                                                                                
This  was the first  hearing  for this  bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair  Wilken moved  to adopt  committee substitute  Version  24-                                                            
LS064\L as the working document.                                                                                                
                                                                                                                                
There being no  objection, the Version "L" committee  substitute was                                                            
ADOPTED.                                                                                                                        
                                                                                                                                
Senator  Hoffman  asked  for  an  explanation  of  the  Version  "L"                                                            
committee substitute.                                                                                                           
                                                                                                                                
5:34:06 PM                                                                                                                    
                                                                                                                                
MIKE TIBBLES,  Deputy Commissioner,  Department  of Administration,                                                             
explained that  the language in HB  161 Version "L" is identical  to                                                            
the version  of SB  24-REEMPLOYMENT  OF RETIREES  that had  recently                                                            
passed the Senate. The  lone difference in that bill and the version                                                            
that  had passed  from this  Committee  was the  addition of  Intent                                                            
Language that  had been adopted on the Senate Floor.  To that point,                                                            
he stated that Intent Language  mirroring that adopted by the Senate                                                            
in SB 24 is included  in HB 161, Version "L", in Section  1(d), page                                                            
two, lines 21 through 26, as follows.                                                                                           
                                                                                                                                
     (d) Notwithstanding  (b) of this section and secs. 10 and 17 of                                                            
     this  Act,  it  is the  intent  of  the  legislature  that  the                                                            
     provisions  of ch. 57, SLA 2001, ch. 58, SLA  2001, and ch. 15,                                                            
     SLA 2003, that provide  for the reemployment of retired members                                                            
     of  the teachers'  and  public  employees'  retirement  systems                                                            
     sunset  on June 30, 2005, and  the rights of retirees  who were                                                            
     reemployed  before July 1, 2205  and whose extended  periods of                                                            
     reemployment are created  by this Act are governed by this Act.                                                            
                                                                                                                                
Co-Chair Green understood  therefore that other than the addition of                                                            
this language,  the  entirety of the  HB 161  Version "L"  committee                                                            
substitute mirrors the  version of SB 24 that had reported from this                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair  Wilken  moved  to  report the  bill  from  Committee  with                                                            
individual recommendations and accompanying fiscal notes.                                                                       
                                                                                                                                
There being  no objection,  SCS CS  HB 161 (FIN)  was REPORTED  from                                                            
Committee  with Department  of Administration  zero fiscal  note #1,                                                            
dated May 2, 2005.                                                                                                              
                                                                                                                                
5:35:31 PM