Indiana House Bill 1348 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2019 - 25% progression, died in committee
Action: 2019-01-14 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Supplemental allowance reserve account. Authorizes the Indiana state police to establish a supplemental allowance reserve account (account) in the police benefit fund to accumulate money for the purpose of paying postretirement benefit adjustments, including postretirement benefit increases, thirteenth checks, and other benefit changes or adjustments granted by the general assembly after June 30, 2019, to employee beneficiaries of the state police 1987 benefit system. Requires the state lottery commission to transfer $40,000 of surplus revenue each calendar quarter from the administrative trust fund to the account.

Supplemental allowance reserve account. Authorizes the Indiana state police to establish a supplemental allowance reserve account (account) in the police benefit fund to accumulate money for the purpose of paying postretirement benefit adjustments, including postretirement benefit increases, thirteenth checks, and other benefit changes or adjustments granted by the general assembly after June 30, 2019, to employee beneficiaries of the state police 1987 benefit system. Requires the state lottery commission to transfer $40,000 of surplus revenue each calendar quarter from the administrative trust fund to the account.

Rep. Charles Burton [R]

Date	Chamber	Action
2019-01-14	House	First reading: referred to Committee on Ways and Means
2019-01-14	House	Authored by Representative Burton

Type	Source
Summary	https://iga.in.gov/legislative/2019/bills/house/1348/details
Text	http://iga.in.gov/static-documents/7/2/e/5/72e55dd1/HB1348.01.INTR.pdf