WEST virginia legislature

2016 regular session

Introduced

House Bill 4092

By Delegates Sobonya, Frich and Moffatt

[Introduced January 18, 2016; Referred
to the Committee on Pensions and Retirement then the Judiciary.]

A BILL to amend and reenact article 2, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Consolidated Public Retirement Board to promulgate a legislative rule relating to the Teachers’ Defined Contribution System.

Be it enacted by the Legislature of West Virginia:

That article 2, chapter 64 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:

ARTICLE 2. Authorization for department of administration to promulgate legislative rules.

§64-2-1. Consolidated Public Retirement Board.

The legislative rule filed in the State Register on July 28, 2015, authorized under the authority of section one, article ten-d, chapter five, of this code, modified by the Consolidated Public Retirement Board to meet the objections of the Legislative Rule-making Review Committee and refiled in the State Register on September 22, 2015, relating to the Consolidated Public Retirement Board (Teachers’ Defined Contribution System, 162 CSR 3), is authorized.

 

NOTE: The purpose of this bill is to authorize the Consolidated Public Retirement Board to promulgate a legislative rule relating to the Teachers’ Defined Contribution System.

This section is new; therefore, strike-throughs and underscoring have been omitted.