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AZ HB2020

Bill

Status

Engrossed

3/1/2023

Primary Sponsor

David Livingston

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • Appropriates $45,000,000 from the state general fund in fiscal year 2022-2023 to the Arizona State Retirement System (ASRS)
  • Funds are designated for prepayment of the state's employers' 401(a) pension contributions pursuant to section 38-737, subsection D, Arizona Revised Statutes
  • The appropriation is exempt from lapsing provisions under section 35-190, Arizona Revised Statutes, meaning unspent funds do not revert to the general fund at the end of the fiscal year

Legislative Description

ASRS; contribution prepayment; appropriation

Appropriation

Last Action

Senate APPROP Committee action: Failed To Pass, voting: (3-7-0-0)

3/21/2023

Committee Referrals

Rules3/1/2023
Finance2/28/2023
Appropriations2/28/2023
Rules1/11/2023
Appropriations1/11/2023
Ways and Means1/11/2023

Full Bill Text

No bill text available