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Panel approves emergency legislation to set cost-of-living adjustments
Summary
The Oversight Committee on Pensions voted unanimously to favor HB1138 (cross-file SB724), described by a member as emergency legislation necessary to set cost-of-living adjustments for pension benefits.
The Oversight Committee on Pensions considered HB1138, cross-filed as SB724, described by a committee member as emergency legislation needed to set cost-of-living adjustments (COLAs) for pension benefits.
The speaker, who said they had presented the bill previously, summarized the measure as "the emergency um legislation necessary to set the colas." A motion to move the bill was made, a second was recorded, and the committee voted unanimously to favor the bill. No further debate or roll-call tally was provided in the transcript.
The committee’s favorable recommendation advances the emergency COLA-setting bill to the next stage of legislative consideration.
