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GA HB320
Bill
Status
Passed
5/20/2010
Primary Sponsor
Burke Day
Click for details
AI Summary
- Renames the Georgia Environmental Facilities Authority to the Georgia Environmental Finance Authority throughout Code Section 47-2-318, which governs membership in the Employees' Retirement System of Georgia for the authority's officers and employees
- Updates all references to the authority's name in provisions related to creditable service, employer and employee retirement contributions, and membership eligibility
- Retains all existing retirement system provisions, including creditable service rules for officers and employees holding office as of July 1, 1988, and continuation of membership status for those already in the system
- Contingent effective date of July 1, 2010, requiring passage of a separate act formally changing the authority's name; if that act does not pass, HB 320 automatically repeals in its entirety on July 1, 2010
- Offered as a Senate Retirement Committee substitute, reflecting the bill's narrow scope limited to retirement code conforming changes necessitated by the broader renaming legislation
Legislative Description
Georgia Environmental Facilities Authority; change name to Georgia Environmental Finance Authority
Last Action
Effective Date
7/1/2010
Committee Referrals
Retirement2/18/2009
Retirement2/6/2009
Full Bill Text
No bill text available