Introduced by Rep. Lee Gonzales (D) on May 16, 2007
To change definitions in the school and state employees pension law so as to allow a one-time pension contribution that is less than the true actuarially sound amount under generally accepted accounting principles. The bill is one of several that are part of bipartisan plans to close a gap between desired spending and expected revenues in the Fiscal Year 2006-2007 budget. Official Text and Analysis.
Referred to the House Appropriations Committee on May 16, 2007
Reported in the House on May 17, 2007
Without amendment and with the recommendation that the bill pass.