State of Maine Legislature

Summary of LD 723

Bill Info

LD 723 (SP 240)

"RESOLUTION, Proposing an Amendment to the Constitution of Maine To Reduce Volatility in State Pension Funding Requirements Caused by the Financial Markets"

Sponsored by Senator Roger Katz

Status Summary
Reference Committee	Appropriations and Financial Affairs
Last House Action	6/5/2017 -  This being a Constitutional Amendment, in accordance with the provisions of Section 4 of Article X of the Constitution, a two-thirds vote of the membership of the House present was necessary. FINALLY PASSED. Sent for concurrence. ORDERED SENT FORTHWITH.
Last Senate Action	7/20/2017 -  On Motion by Senator HAMPER of Oxford taken from the SPECIAL APPROPRIATIONS TABLE. Subsequently FINALLY PASSED - Emergency 2/3 Members present Required in concurrence
Last Engrossed by House on	5/31/2017
Last Engrossed by Senate on	5/30/2017
Governor Action	Passed by the Legislature for approval at referendum. Received in the Office of the Secretary of State. (Governor's Signature Not Required.)
Chapter	1
Final Law Type	Constitutional Resolution
Date	7/20/2017