WV SB576 | 2013 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on March 20 2013 - 25% progression, died in committee
Action: 2013-03-25 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to provide for the transfer of $3,631,846.55 from the Unclaimed Property Trust Fund to the Municipal Pensions and Protection Fund for the purpose of satisfying any amounts due as of April 27, 2012 to policemen's and firemen's pension and relief funds. The bill also provides that the Municipal Pension Oversight Board or other entity may not seek to recover from a relief or pension fund, the Teachers Retirement System or the state any overpayments received from the Municipal Pensions and Protection Fund, and that the overpayments are not subject to recovery, offset or litigation.

Tracking Information

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Title

Transferring moneys from Unclaimed Property Trust Fund to Municipal Pensions and Protection Fund

Sponsors


History

DateChamberAction
2013-03-25SenateTo Finance
2013-03-25SenateReported do pass, but first to Finance
2013-03-20SenateTo Pensions
2013-03-20SenateIntroduced in Senate
2013-03-20SenateTo Pensions then Finance
2013-03-20SenateFiled for introduction

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
33314dAmended CodeCitation Text
36813Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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