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AR HB1336
Bill
Status
4/16/2025
Primary Sponsor
Les Warren
Click for details
AI Summary
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Increases Tier Two Deferred Retirement Option Plan (DROP) contributions from 72% to 100% of the monthly retirement benefits that would have been payable to employees who continue working instead of retiring
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Raises the fee for basic motor vehicle accident report copies from $10 to $25, except for individuals involved in the accident who continue to pay $10
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Allocates the accident report fee revenue with $10 going to State Police operations and $15 dedicated exclusively to funding State Police Retirement System benefits
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Includes an emergency clause with an effective date of July 1, 2025, to align with the State Police Retirement System's fiscal year
Legislative Description
To Amend The Survivors' Benefit Options Under The State Police Retirement System; And To Amend The Provisions Concerning The Tier Two Deferred Retirement Option Plan Under The State Police Retirement System.
Last Action
Notification that HB1336 is now Act 672
4/16/2025