HOUSE AMENDMENT Bill No. HB 1575 CS
1	CHAMBER ACTION
2	Senate House
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12	Representative Ross offered the following:
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14	Amendment (with directory and title amendments)
15	Between line(s) 5380 & 5381, insert:
16	Section 97. Section 110.1315, Florida Statutes, is amended
17	to read:
18	110.1315 Alternative benefits; other-personal-services
19	employees.--The State Board of Administration, by no later than
20	March 1, 2004, shallUpon review and recommendation of the
21	department and approval of the Governor, the department may
22	contract for the implementation of an alternative retirement
23	income security program for alleligible temporary and seasonal
24	employees of the state, excluding state university employees,
25	who are compensated from appropriations for other personal
26	services. The contract shallmayprovide for a private vendor or
27	vendors to administer the program under a defined-contribution
28	plan under ss. 401(a) and 403(b) or s. 457 of the Internal
29	Revenue Code, and the program must provide retirement benefits
30	as required under s. 3121(b)(7)(F) of the Internal Revenue Code.
31	The State Board of Administration shalldepartment maydevelop a
32	request for proposals and solicit qualified vendors to compete
33	for the award of the contract. A vendor shall be selected on the
34	basis of the plan that best serves the interest of the
35	participating employees and the state. The proposal must comply
36	with all necessary federal and state laws and rules.
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38	================= T I T L E A M E N D M E N T =================
39	Remove line(s) 35 & 36, and insert:
40	request and transfer of appropriations; amending s. 110.1315,
41	F.S.; requiring the State Board of Administration to contract
42	for the implementation of an alternative retirement income
43	security program for certain employees; providing conditions;
44	providing an effective date.