Finance Joint
SB 616 – Relating to post-employment benefits generally (OPEB)
Finance subcommittee C met to begin discussion of SB 616 from the 2011 Regular Session, which related to other post-employment benefits generally (OPEB). Near the end of the last session, members were close to a compromise bill dealing with OPEB but lawmakers simply ran out of time.
Funding sources were not agreed upon and need to be figured out. Funding sources need determined. Language regarding funding in draft legislation needs disregarded as is out of date and needs updated, all other facets had been agreed upon.
To read the complete Legislative Interim Update, please click to download (below):