2023 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Rasoul
HB 2314 - Increase Retiree Health Credit to $5 per year of Service

Item 483 #4h

Item 483 #4h

First Year - FY2023 Second Year - FY2024
Central Appropriations
Central Appropriations FY2023 $0 FY2024 $10,000,000 GF

Page 564, line 21, strike "$823,699,360" and insert "$833,699,360".

Page 567, after line 37, insert:

"6. Out of the appropriation for this item, amounts estimated at $10,000,000 the second year, from the general fund shall be transferred to state agencies and institutions of higher education, to support the general fund portion of costs associated with changes in employer contributions for state employee benefits as provided for in this paragraph."


(This amendment provides $10.0 million from the general fund in fiscal year 2024 pursuant to the passage of House Bill 2314 which increases the monthly retiree health care credit benefit from $4.00 per year of service to $5.00 per year of service. The funding amount included in the request is a placeholder until a detailed estimate is finalized.)