Bill-CPRB Teachers Contrib
Senate Bill No. 325
(By Senators Ross, Anderson, Minard, Snyder, Unger and
Minear
)
__________
[Introduced January 31, 2000; referred to the
Committee on Pensions; then to the Committee on
Finance;
and then to the Committee on the Judiciary.]
__________
A BILL to amend article two, chapter sixty-four of the
code of West Virginia, one thousand nine hundred
thirty-one, as amended, by adding thereto a new
section, designated section three, relating to
authorizing the consolidated public retirement
board to promulgate a legislative rule relating to
the teachers' defined contribution system.
Be it enacted by the Legislature of West Virginia:
That article two, chapter sixty-four of the code of
West Virginia, one thousand nine hundred thirty-one, as
amended, be amended by adding thereto a new section,
designated section three, to read as follows:
ARTICLE 2. AUTHORIZATION FOR DEPARTMENT OF
ADMINISTRATION TO PROMULGATE LEGISLATIVE RULES.
§64-2-3. Consolidated public retirement board
.
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.
NOTE: The purpose of this bill is to authorize the
Consolidated Public Retirement Board
to promulgate a
legislative rule relating to the Teachers' Defined
Contribution System
.
This section is new; therefore, strike-throughs and
underscoring have been omitted.