To eliminate a requirement that before borrowing to cover retiree health care benefit liabilities a local government must "reduce" future health care costs (and liabilities), which would require greater co-pays from government employees, or going to a defined contribution plan for new employees. Instead, local governments would only have to "manage" health care costs.
17 Yeas / 19 Nays | |
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Republican (2 Yeas / 19 Nays) | |
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Democrat (15 Yeas / 0 Nays) | |
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Excused or Not Voting (2) | |
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