FIFTY-SEVENTH LEGISLATURESB 376/a
FIRST REGULAR SESSION, 2025
March 5, 2025
Mr. President:
Your FINANCE COMMITTEE, to whom has been referred
SENATE BILL 376, as amended
has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:
1. On page 4, line 22, strike "not" and "any".
2. On page 4, line 23, before the period, insert "who make less than one hundred fifty thousand dollars ($150,000) per year in an amount equal to eighty percent of the cost of insurance".
3. On page 4, line 23, before "shall", insert "who makes more than one hundred fifty thousand dollars ($150,000) per year".
4. On page 6, lines 23 and 24, strike "reflects actuarially sound rate adjustments" and insert in lieu thereof "has actuarially sound rates for the following fiscal year".
5. On page 7, line 1, after the period, insert:
"By September 1 of each year, the projected actuarially sound rate adjustment for the following fiscal year, subject to legislative appropriation, shall be communicated to the local public bodies that are part of the state employee health benefit program.".
___________________________________
Senator George Muñoz, Chair
Adopted_______________________ Not Adopted_______________________
(Chief Clerk) (Chief Clerk)
Date ________________________
The roll call vote was 8 For 0 Against
Yes: Gonzales, Lanier, Muñoz, Padilla, Shendo, Steinborn, Tobiassen, Trujillo
No: 0
Excused: Brandt, Campos, Woods
Absent: None
SB0376FC1.wpd 231690.4