Introduced by Rep. John Walsh (R) on February 21, 2012, to cap municipal pension board spending on board members travel and training expenses at $150,000 per year, and $30,000 per board member. The bill also proposes specific pension system transparency requirements; restricts investments in entities whose principles made large political contributions; revises limits on investments in non-publically traded companies; and more.
Referred to the House Appropriations Committee on February 21, 2012.
Re: 2012 House Bill 5416 (Cap municipal pension board travel expenses and more ) by allice81 on November 7, 2012 I'm curious to know if with this bill they can still afford an limo hire service as they need to travel in style. I bet a lot of people are happy to see something like this and I want to think that this is a move in the right direction for us. We will just have to wait and see what happens next.
Re: 2012 House Bill 5416 (Cap municipal pension board travel expenses and more ) by jercommm on February 28, 2012 Yes, please give us Peasants who pay for it a break in the taxes we pay.
2012 House Bill 5416 (Cap municipal pension board travel expenses and more ) by admin on February 28, 2012 Introduced in the House on February 21, 2012