SPB 7024/ HB 913 – Local Government Surplus Trust Fund – Disbursement of Fund B Balance
A companion bill to SPB 7024, HB 913, was filed by Rep. Trumbull on February 23. The bill would distribute the balance remaining in the Local Government Surplus Trust Fund – Fund B to those members who did not received interest payments due to them in November 2007. SBA staff has identified 59 counties would be entitled to receive reimbursements under this approach. SPB 7024 received a positive vote from the Senate Governmental Oversight and Accountability Committee on February 17.
For any questions related to this issue, please contact Laura Youmans, FAC Public Safety Advocate.