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NC H1079

Bill

Status

Introduced

5/15/2014

Primary Sponsor

Stephen Ross

Click for details

Origin

House of Representatives

2013-2014 Session

AI Summary

  • Creates two receipt-supported positions within the Department of State Treasurer's Retirement Systems Division for a compliance unit.
  • Compliance unit is tasked with reducing fraud, abuse, and waste within the state retirement systems.
  • Positions may be funded through investment income, contributions to, or other assets of the retirement systems managed by the Department.
  • Action was recommended by the Legislative Research Commission's Committee on Treasurer Investment Targets and State Employee Retirement Options.
  • Effective date is July 1, 2014.

Legislative Description

Positions for State Treasurer Compliance Unit

Last Action

Re-ref Com On Appropriations

5/28/2014

Committee Referrals

Appropriations5/28/2014
State Personnel5/19/2014

Full Bill Text

No bill text available