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ID H0390

Bill

Status

Passed

4/1/2025

Primary Sponsor

Appropriations Committee

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Appropriates $3,641,000 in additional funds to the Public Employee Retirement System (PERSI) for fiscal year 2026 (July 1, 2025 through June 30, 2026)

  • Allocates $3,615,600 to Retirement Administration from the PERSI Administrative Fund, including $3,000,000 for operating expenditures and $615,600 for capital outlay

  • Allocates $25,400 to Portfolio Investment from the PERSI Special Fund, including $12,500 for operating expenditures and $12,900 for capital outlay

  • Declared an emergency measure, taking effect immediately on July 1, 2025

Legislative Description

Relates to the appropriation to the Public Employee Retirement System for fiscal year 2026.

APPROPRIATIONS

Last Action

Reported Signed by Governor on March 31, 2025 Session Law Chapter 236 Effective: 07/01/2025

4/1/2025

Committee Referrals

Finance3/25/2025

Full Bill Text

No bill text available