Bill Title: Amends the Budget Stabilization Act. Provides that, beginning in fiscal year 2011, when the increase in the Employment Cost Index, as determined by the Bureau of Labor Statistics of the U.S. Department of Labor, for the previous fiscal year exceeds 2%, the Comptroller shall transfer into the Pension Stabilization Fund from the General Revenue Fund, on at least a monthly basis, an amount equal to the amount of general funds revenues exceeding 102% of the prior fiscal year's general funds revenues for the purpose of making payments to the designated retirement systems. Effective July 1, 2010.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Enrolled - Dead) 2010-12-17 - Sent to the Governor [SB3776 Detail]

Text: Latest bill text (Enrolled) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Concurrence in Senate	2010-12-01	55	0	4	0	59	Passed	Link	View
House	Third Reading in House	2010-11-30	114	0	0	0	114	Passed	Link	View
Senate	Third Reading in Senate	2010-03-18	56	0	3	0	59	Passed	Link	View

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