HB 5803 - Amends State School Retirement Systems - Michigan Key Vote
Timeline
- Executive Signed
- Oct. 15, 2024
- House Concurrence Vote Passed
- Sept. 25, 2024
- Senate Bill Passed
- Sept. 25, 2024
- House Bill Passed
- June 25, 2024
- Introduced
- June 11, 2024
Related Issues
Stage Details
Title: Amends State School Retirement Systems
Signed by Governor Gretchen Whitmer
Title: Amends State School Retirement Systems
Vote Smart's Synopsis:
Vote to concur with Senate amendments and pass a bill that amends various state school retirement systems and provisions for teachers in Michigan.
Highlights:
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Reduces school district contributions toward teacher retirement and uses excess money from the fund to supplement classroom needs (Sec. 1).
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Rescinds the 3% tax that some Michigan public school teachers pay into a health care fund for their retirement (Sec. 1).
Title: Amends State School Retirement Systems
Vote Smart's Synopsis:
Vote to amend and pass a bill that amends various state school retirement systems and provisions for teachers in Michigan.
Highlights:
-
Reduces school district contributions toward teacher retirement and uses excess money from the fund to supplement classroom needs (Sec. 1).
-
Rescinds the 3% tax that some Michigan public school teachers pay into a health care fund for their retirement (Sec. 1).
Title: Amends State School Retirement Systems
Title: Amends State School Retirement Systems