Bill

Bill > H0868


ID H0868

ID H0868
Relates to the appropriation to the Public Employee Retirement System for fiscal year 2027.


summary

Introduced
03/11/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

RELATING TO THE APPROPRIATION TO THE PUBLIC EMPLOYEE RETIREMENT SYSTEM; AP- PROPRIATING ADDITIONAL MONEYS TO THE PUBLIC EMPLOYEE RETIREMENT SYSTEM FOR FISCAL YEAR 2027; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFEC- TIVE DATE.

AI Summary

This bill appropriates additional funds to the Public Employee Retirement System (PERSI) for the fiscal year 2027, which runs from July 1, 2026, to June 30, 2027. Specifically, it allocates $2,227,300 for operating expenses and $353,600 for capital outlay within the Retirement Administration program, funded by the PERSI Administrative Fund, totaling $2,580,900 for this area. Additionally, $18,500 is appropriated for portfolio investment from the PERSI Special Fund. The bill also declares an emergency, meaning it will take effect immediately on July 1, 2026, to ensure these funds are available for the upcoming fiscal year.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Appropriations Committee (House)

Last Action

Second Reading Calendar (10:30:00 3/13/2026 House Floor) (on 03/13/2026)

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