Title 47, Chapter 20, Section 30
( 47-20-30)
As used in this article, the term: (1) "Amendment" means any amendment, including a substitute bill,
made to a retirement bill by any committee of the House or Senate
or by the House or Senate. (2) "LC number" means that number preceded by the letters "LC"
assigned to a bill by the Office of Legislative Counsel when that
office prepares a bill for a member of the General Assembly. (3) "Nonfiscal amendment" means an amendment to a retirement bill having a fiscal impact, which amendment does not change any factor of an actuarial investigation specified in subsection (a) of Code Section 47-20-36. (4) "Nonfiscal retirement bill" means a retirement bill which does
not affect the cost or funding factors of a retirement system or a
retirement bill which affects such factors only in a manner which
does not: (A) Grant a benefit increase under the retirement system
affected by the bill; (B) Create an actuarial accrued liability for or increase the
actuarial accrued liability of the retirement system affected by
the bill; or (C) Increase the normal cost of the retirement system affected
by the bill. (4.1) "Nonfiscal retirement bill" also means a retirement bill
which removes or increases a mandatory retirement age of a
retirement system or which removes or modifies provisions of a
retirement system requiring forfeiture of benefits upon failure to
retire upon reaching a mandatory retirement age or which provides
for any combination of the foregoing. (5) "Reduction in cost amendment" means an amendment to a retirement bill having a fiscal impact which reduces the cost of the bill as such cost is determined by the actuarial investigation for the bill prepared pursuant to Code Section 47-20-36. (6) "Retirement bill having a fiscal impact" means any retirement
bill creating or establishing a retirement system and any other
retirement bill other than a nonfiscal retirement bill. |