H0181B1461A03212 SFR:MAC 12/10/23 #90 A03212
AMENDMENTS TO HOUSE BILL NO. 181
Sponsor: REPRESENTATIVE ECKER
Printer's No. 1461
Amend Bill, page 2, line 1, by striking out "Contributions"
and inserting
Funding
Amend Bill, page 8, lines 26 through 30, by striking out
"Provide information to employees and employers on" in line 26,
all of lines 27 through 29 and "(3)" in line 30
Amend Bill, page 9, line 5, by striking out "(4)" and
inserting
(3)
Amend Bill, page 9, line 8, by striking out "(5)" and
inserting
(4)
Amend Bill, page 9, line 12, by striking out "(6)" and
inserting
(5)
Amend Bill, page 9, line 13, by striking out "(7)" and
inserting
(6)
Amend Bill, page 9, lines 13 and 14, by striking out "PAYROLL
PREMIUM CONTRIBUTIONS AND MAXIMUM EMPLOYEE CONTRIBUTIONS" and
inserting
funding needed
Amend Bill, page 9, line 16, by striking out "(8)" and
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inserting
(7)
Amend Bill, page 9, line 18, by striking out "(9)" and
inserting
(8)
Amend Bill, page 9, line 19, by striking out "(10)" and
inserting
(9)
Amend Bill, page 9, line 23, by striking out "(11)" and
inserting
(10)
Amend Bill, page 9, line 25, by striking out "(12)" and
inserting
(11)
Amend Bill, page 9, line 27, by striking out "(13)" and
inserting
(12)
Amend Bill, page 9, line 29, by striking out "(14)" and
inserting
(13)
Amend Bill, page 10, line 2, by striking out "(15)" and
inserting
(14)
Amend Bill, page 10, line 4, by striking out "(16)" and
inserting
(15)
Amend Bill, page 17, lines 28 through 30; page 18, lines 1
through 30; page 19, lines 1 through 10; by striking out all of
said lines on said pages and inserting
Section 306. Funding.
(a) Actuarial experience study.--
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(1) No later than March 15 each year, the department
shall issue an actuarial experience study, which shall take
into account all available data and shall include an estimate
of the cost to administer the program and pay benefits under
this act for the next fiscal year.
(2) Each actuarial report under paragraph (1) shall be
submitted to:
(i) The chairperson and minority chairperson of the
Appropriations Committee of the Senate.
(ii) The chairperson and minority chairperson of the
Appropriations Committee of the House of Representatives.
(b) Appropriation.--The amount of annual funding for the
program shall be determined by the General Assembly in an annual
appropriation.
Amend Bill, page 26, lines 16 and 17, by striking out "from
employee payroll premium contributions paid" and inserting
appropriated
Amend Bill, page 27, lines 20 through 22, by striking out all
of said lines and inserting
(iv) The amount of money appropriated for the
current and previous fiscal years and the projected cost
of the program for the next three fiscal years.
Amend Bill, page 27, line 24, by striking out "calendar" and
inserting
fiscal
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See A03212 in
the context
of HB0181