| |||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO SENATE BILL 2093
| ||||||
| 2 | AMENDMENT NO. ______. Amend Senate Bill 2093 as follows:
| ||||||
| 3 | on page 6, immediately below line 10, by inserting the | ||||||
| 4 | following: | ||||||
| 5 | "(f) The Fund shall provide a conditional grace period for | ||||||
| 6 | contract schools that show evidence of timely and good faith | ||||||
| 7 | efforts to submit payroll records and make pension | ||||||
| 8 | contributions due between July 1, 2021 and October 1, 2021. If | ||||||
| 9 | payroll records and pension contributions due during that time | ||||||
| 10 | period are not submitted by October 1, 2021, the statutory | ||||||
| 11 | penalties, liquidated damages, and interest shall be | ||||||
| 12 | calculated from the original due date to the submission date | ||||||
| 13 | of the pension contributions or payroll records, as | ||||||
| 14 | applicable. | ||||||
| 15 | Evidence of timely and good faith efforts shall include, | ||||||
| 16 | but are not limited to, the following: | ||||||
| 17 | (1) evidence of the contract school's continuing | ||||||
| |||||||
| |||||||
| 1 | efforts to submit payroll records and make pension | ||||||
| 2 | contributions, both before and after the date the payroll | ||||||
| 3 | records and pension contributions were due; | ||||||
| 4 | (2) documented evidence submitted by the contract | ||||||
| 5 | school of the contract school's continuing efforts to | ||||||
| 6 | submit payroll records and make pension contributions; | ||||||
| 7 | (3) evidence in the possession of the Fund of the | ||||||
| 8 | contract school's continuing efforts to submit payroll | ||||||
| 9 | records and make pension contributions; and | ||||||
| 10 | (4) contact by the contract school with the Fund to | ||||||
| 11 | seek assistance and notify the Fund of difficulties with | ||||||
| 12 | submitting the payroll records and making the pension | ||||||
| 13 | contributions within a period of time determined by the | ||||||
| 14 | Board after the date the pension contributions and payroll | ||||||
| 15 | records were due. | ||||||
| 16 | The Fund may adopt rules to implement the changes made by | ||||||
| 17 | this amendatory Act of the 102nd General Assembly.".
| ||||||