Loading chat...
OK HB2532
Bill
Status
2/1/2016
Primary Sponsor
Dennis Casey
Click for details
AI Summary
-
Amends the Larry Dickerson Education Flexible Benefits Allowance Act (70 O.S. 2011, Section 26-105) to eliminate the provision allowing school district employees participating in cafeteria plans to receive excess flexible benefit allowance as taxable compensation
-
Removes subsection C, which previously required that employees electing benefits totaling less than their flexible benefit allowance receive the difference as taxable compensation paid in equal amounts each pay period
-
Retains existing flexible benefit allowance minimums: $69.71/month for certified personnel and $189.69/month for support personnel who opt out of the cafeteria plan
-
Maintains the requirement that flexible benefit allowances equal at least 100% of the HealthChoice (Hi) option plan premium for individual coverage
-
Effective date of July 1, 2016, with an emergency clause for immediate implementation upon passage
Legislative Description
Schools; deleting requirement to provide participating employees any excess flexible benefit allowance as taxable compensation; effective date; emergency.
Last Action
Second Reading referred to Rules
2/2/2016