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B98A5E6B2CE72663872587E90070EF0E Hearing Summary




PUBLIC
BILL SUMMARY For HB22-1034

HOUSE COMMITTEE ON FINANCE
Date Feb 14, 2022      
Location HCR 0112



HB22-1034 - Referred to the Committee of the Whole

01:38:11 PM  

Representatives Bird and Sandridge, co-sponsors, presented House Bill 22-1034. The bill merges the assets and liabilities of the Statewide Hybrid Plan and Statewide Defined Benefit Plan administered by the Fire and Police Pension Association (FPPA) into a new Statewide Retirement Plan in order to align plan benefits and improve the plan's long-term stability.  A fact sheet about the FPPA was distributed (Attachment B).

01:40:41 PM  

Mr Kevin Lindahl, representing the FPPA, testified in support of the bill.

01:41:18 PM  

Mr Kevin Lindahl, representing the FPPA, testified in support of the bill.



01:47:30 PM
Motion Refer House Bill 22-1034 to the Committee of the Whole.
Moved Bird
Seconded Sandridge
Benavidez Yes
Daugherty Yes
Kipp Yes
Luck No
Rich Yes
Sandridge Yes
Soper Excused
Tipper Yes
Weissman Yes
Snyder Yes
Bird Yes
Final YES: 9   NO: 1   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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