2018 House Bill 6519

Use local road taxes for road commission pension underfunding debt

Introduced in the House

Nov. 27, 2018

Introduced by Rep. Thomas Albert (R-86)

To permit county property taxes imposed for road repairs to be used instead to back-fill unfunded pension liabilities incurred by past underfunding of necessary pension fund contributions. This would only apply to county road tax levies authorized after the bill goes into effect.

Referred to the Committee on Financial Liability Reform