HOUSE AMENDMENT

                                                   Bill No. HB 127

    Amendment No. 01 (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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10                                                                

11  The Committee on Law Enforcement & Crime Prevention offered

12  the following:

13

14         Amendment (with title amendment) 

15         On page 2, line 14

16  remove from the bill:  all of said lines

17

18  and insert in lieu thereof:

19         Section 2.  Effective July 1, 2000, in order to fund

20  the benefits provided under section 1 of this act:

21         (1)  The contribution rates that apply to the Special

22  Risk Class of the Florida Retirement System shall be increased

23  by 0.13 percentage points; and

24         (2)  The contribution rates that apply to the Special

25  Risk Administrative Support Class of the Florida Retirement

26  System shall be increased by 0.21 percentage points.

27

28  These increases shall be in addition to all other changes to

29  such contribution rates which may be enacted into law to take

30  effect on that date. The Division of Statutory Revision is

31  directed to adjust accordingly the contribution rates set

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    File original & 9 copies    02/07/00
    hle0001                     03:47 pm         00127-lecp-671115




                                                   HOUSE AMENDMENT

                                                   Bill No. HB 127

    Amendment No. 01 (for drafter's use only)





 1  forth in s. 121.071, Florida Statutes.

 2         Section 3.  The Legislature finds that a proper and

 3  legitimate state purpose is served when employees and retirees

 4  of the state and of its political subdivisions, and the

 5  dependents, survivors, and beneficiaries of such employees and

 6  retirees, are extended the basic protections afforded by

 7  governmental retirement systems that provide fair and adequate

 8  benefits that are managed, administered, and funded in an

 9  actuarially sound manner, as required by s. 14, Art. X of the

10  State Constitution and part VII of chapter 112, Florida

11  Statutes. Therefore, the Legislature determines and declares

12  that this act fulfills an important state interest.

13         Section 4.  Except for this section and section 2 of

14  this act, which shall take effect July 1, 2000, this act shall

15  take effect January 1, 2001.

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18  ================ T I T L E   A M E N D M E N T ===============

19  And the title is amended as follows:

20         On page 1, lines 5 & 6,

21  remove from the title of the bill:  providing an effective

22  date.

23

24  and insert in lieu thereof:

25         providing for increases in contribution rates

26         to fund the provisions of this act; providing a

27         statement of legitimate state purpose;

28         providing effective dates.

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    File original & 9 copies    02/07/00
    hle0001                     03:47 pm         00127-lecp-671115