2015 Senate Bill 293

Require semi-annual state unfunded liability estimates

Introduced in the Senate

April 23, 2015

Introduced by Sen. Darwin Booher (R-35)

To require the twice-a-year state “revenue estimating conferences” at which state officials estimate how much tax and fee revenue the state can expect to collect and spend in the coming year, to also estimate the state’s unfunded liabilities. These consist primarily of underfunded “defined benefit” government and school employee pension plans.

Referred to the Committee on Appropriations