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Panel approves raising penalty for false statements to state retirement system to felony
Summary
House Bill 1317, as amended, would elevate knowingly making a material false statement related to the state retirement system from a misdemeanor to a felony. Sponsor and the Arkansas Public Employees Retirement System cited audit findings and an overpayment case in which a deceased member’s payments continued.
The House Judiciary Committee voted to pass House Bill 1317 as amended, elevating a knowingly made material false statement related to the state retirement system from a misdemeanor to a felony.
Representative Matthew Shepherd presented the amendment and the bill. Shepherd said the amendment "simply adds material to the term false statements" and that the change was needed because the bill elevates the penalty to a felony. He moved adoption of the amendment, and the committee adopted it by voice vote.
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