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Introduced Version Senate Bill 313 History

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Key: Green = existing Code. Red = new code to be enacted


Senate Bill No. 313

(By Senators Ross, Anderson, Minard,

Snyder, Unger and Minear)

__________

[Introduced March 2, 2001; referred to the

Committee on Pensions; then to the

Committee on Finance;

and then

to the Committee on the Judiciary.]

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A BILL to amend and reenact section three, article two, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, relating to authorizing the consolidated public retirement board to promulgate a legislative rule relating to the teachers' defined benefit plan.

Be it enacted by the Legislature of West Virginia:
That section three, article two, chapter sixty-four of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted to read as follows:
ARTICLE 2. AUTHORIZATION FOR DEPARTMENT OF ADMINISTRATION TO PROMULGATE LEGISLATIVE RULES.

§64-2-3. Consolidated public retirement board.
(a) The legislative rule filed in the state register on the twenty-second day of July, one thousand nine hundred ninety-nine, under the authority of section one, article ten-d, chapter five of this code, modified by the consolidated public retirement board to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-eighth day of October, one thousand nine hundred ninety-nine, relating to the consolidated public retirement board (general provisions, 162 CSR 1), is authorized.
(b) The legislative rule filed in the state register on the twenty-second day of July, one thousand nine hundred ninety-nine, under the authority of section one, article ten-d, chapter five of this code, modified by the consolidated public retirement board to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-eighth day of October, one thousand nine hundred ninety-nine, relating to the consolidated public retirement board (teachers' defined contribution system, 162 CSR 3), is authorized.
(c) The legislative rule filed in the state register on the twenty-second first day of July, one thousand nine hundred ninety-nine September, two thousand, under the authority of section one, article ten-d, chapter five of this code, modified by the consolidated public retirement board to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-eighth fourteenth day of October, one thousand nine hundred ninety-nine December, two thousand, relating to the consolidated public retirement board (teachers' defined benefit plan, 162 CSR 4), is authorized.
(d) The legislative rule filed in the state register on the twenty-second day of July, one thousand nine hundred ninety-nine, under the authority of section one, article ten-d, chapter five of this code, modified by the consolidated public retirement board to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-eighth day of October, one thousand nine hundred ninety-nine, relating to the consolidated public retirement board (public employees retirement system, 162 CSR 5), is authorized.
(e) The legislative rule filed in the state register on the third day of August, one thousand nine hundred ninety-nine, under the authority of section one, article ten-d, chapter five of this code, modified by the consolidated public retirement board to meet the objections of the legislative rule-making review committee and refiled in the state register on the twenty-eighth day of October, one thousand nine hundred ninety-nine, relating to the consolidated public retirement board (refund, reinstatement and loan interest factors, 162 CSR 7), is authorized.

NOTE: The purpose of this bill is to authorize the Consolidated Public Retirement Board to promulgate a legislative rule relating to the Teachers' Defined Benefit Plan.

Strike-throughs indicate language that would be stricken from the present law, and underscoring indicates new language that would be added.
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