Bill No.: HB0254 Drafter: DKG
LSO No.: 07LSO-0157 Effective Date: 7/1/2007
Enrolled Act No.: HEA0010
Chapter No.: 14
Prime Sponsor: Joint Appropriations Interim Committee
Catch Title: Law enforcement retirement.
Subject: Law enforcement retirement option for cities.
Summary/Major Elements:
· Current law allows cities, towns and counties to "opt into" the state retirement plan for law enforcement officers.
· The current law was effective July 1, 2002, but had no "cut-off" date for cities, towns or counties to exercise the option. This act provides that the option must be exercised by June 30, 2008.
Comments:
· Contains delayed repeal date – after June 30, 2008, the option will no longer be available.