Loading chat...

MD HB1250

Bill

Official Source

Status

Introduced

2/7/2025

Primary Sponsor

Joshua Stonko

Click for details

Origin

House of Delegates

2025 Regular Session

AI Summary

  • State Retirement Agency must estimate the impact on yearly employer contribution rates for the Teachers' Retirement and Pension Systems from teacher base salary and career ladder salary increases under § 6–1009 of the Education Article

  • Analysis must cover fiscal years 2027 through 2032, using fiscal year 2026 budgeted salaries as the baseline for cost estimates

  • Report due to the General Assembly by December 15, 2025

  • Effective date: July 1, 2025

Legislative Description

State Retirement Agency - Report on Employer Contribution Rate Impact of Teacher Salary Increases

Reports

Last Action

Withdrawn by Sponsor

2/24/2025

Committee Referrals

Appropriations2/7/2025

Full Bill Text

No bill text available