H1401B2610A04424 LKK:JSL 10/24/17 #90 A04424
AMENDMENTS TO HOUSE BILL NO. 1401
Sponsor: REPRESENTATIVE LAWRENCE
Printer's No. 2610
Amend Bill, page 33, line 22, by striking out "MONEY" and
inserting
In addition to the funding requirements under 24 Pa.C.S.
(relating to education) and 71 Pa.C.S. (relating to State
government), money
Amend Bill, page 33, line 24, by striking out "INTO THE
GENERAL FUND." and inserting
as follows:
(1) The first $150,000,000 raised each fiscal year shall
be deposited into the General Fund.
(2) The remaining funds raised each fiscal year shall be
deposited as follows:
(i) Fifty percent into the Public School Employees'
Retirement Fund.
(ii) Fifty percent into the State Employees'
Retirement Fund.
2017/90LKK/HB1401A04424 - 1 -
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See A04424 in
the context
of HB1401