Bill Status of HB4371 100th General Assembly
Short Description: BONDS-PENSION OBLIGATION
Rep. Robert Martwick
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the General Obligation Bond Act. Authorizes the issuance of an additional $107,420,000,000 in State Serial Long Term Pension Obligation Bonds. Amends the State Pension Funds Continuing Appropriation Act to create a continuing appropriation for payments on those Bonds. Amends the State Finance Act to create the State Pension Serial Long Term Obligation Bond Fund. Effective immediately.