Introduced Version
House Concurrent Resolution 91 History
| 
Email
Key: Green = existing Code. Red = new code to be enacted
HOUSE CONCURRENT RESOLUTION NO. 91
(By Delegates Varner, Perdue and Campbell)
[Introduced March 6, 2003; referred to the
Committee on Rules.]
Requesting the Joint Committee on Government and Finance to make a
study of the feasibility of allowing municipalities that
elected to use the alternative funding method for their
pension and relief funds to return to the standard funding
method.
Whereas, There is interest among municipalities which chose an
alternative funding method for their pension and relief funds
provided by this Legislature in 1992 to return to the prior
"standard" funding method; and
Whereas,
The potential financial ramifications of allowing
those municipalities to return to the prior "standard" funding
method
bear further study to determine the feasibility of this
course of action;
therefore, be it
Resolved by the Legislature of West Virginia:
That the Joint Committee on Government and Finance is hereby
requested to study the feasibility of allowing municipalities that
elected to use the alternative funding method for their pension and
relief funds to return to the standard funding method; and, be it
Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2004, on
its findings, conclusions and recommendations, together with drafts
of any legislation necessary to effectuate its recommendations;
and, be it
Further Resolved, That the expenses necessary to conduct this
study, to prepare a report and to draft necessary legislation be
paid from legislative appropriations to the Joint Committee on
Government and Finance.
Webmaster | © 2024 West Virginia Legislature **
