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§ 3108. Retirement bills having fiscal impact--Committee amendments--Transmission to Legislativ...

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 16. Oklahoma Pension Legislation Actuarial Analysis Act
62 Okl.St.Ann. § 3108
§ 3108. Retirement bills having fiscal impact--Committee amendments--Transmission to Legislative Actuary
A. A retirement bill having a fiscal impact which the committee wishes to consider may be amended, if necessary, by the committee. If a retirement bill having a fiscal impact is changed by the committee to which it is assigned, such change shall be accomplished only by a substitute bill.
B. Immediately after a retirement bill having a fiscal impact has been considered and the committee has voted in favor of an actuarial investigation, the chair of the committee to which the bill was assigned shall transmit an exact copy of the bill, as amended by a substitute bill by the committee, when applicable, to the Legislative Actuary. The copy submitted to the Legislative Actuary shall bear an RB number. The submission of the bill to the Legislative Actuary shall have attached thereto a letter signed by the chair of the committee requesting the Legislative Actuary to make or cause to be made an actuarial investigation on the bill.

Credits

Laws 2006, c. 292, § 8, eff. July 1, 2006; Laws 2007, c. 367, § 9, eff. July 1, 2007.
62 Okl. St. Ann. § 3108, OK ST T. 62 § 3108
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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