Menu
2015 Session

Budget Amendments - SB800 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Carrico
Health Insurance Fund Interest (language only)

Item 3-3.03 #1s

Item 3-3.03 #1s

General Fund Deposits
Interest Earnings

Language
Page 509, strike line 3 through line 6.


Explanation
(This amendment reverses the Governor's proposed transfer of interest earnings to the general fund from the State Health Insurance Fund. State employees and retirees pay actuarially established insurance premiums and raiding interest earnings on this account will increase future insurance premiums for all participants. Any interest earned from these funds should be used to reduce health insurance premiums.)