Ira Silverstein voted Yea (Concurrence Vote) on this Legislation.
Title: Bond Approval
Vote to concur with amendments to a bill that authorizes an additional $2.23 billion in 5-year bonds for payment into the Pension Contribution Fund.
-Authorizes the state to issue an additional $2.23 billion in bonds to make required contributions to designated retirement systems (Sec. 2). -Specifies that the revenue from the new bonds shall be deposited into the Pension Contribution Fund (Sec. 7). -Requires the new bonds to be paid back within 5 years from the date of issue (Sec. 9). -Takes effect immediately upon becoming law (Sec. 99).
NOTE: THIS VOTE RECONSIDERS A PREVIOUS VOTE.
Title: Bond Approval
NOTE: THIS LEGISLATION NEEDED A THREE-FIFTHS MAJORITY VOTE TO PASS.
NOTE: THIS LEGISLATION NEEDED A THREE-FIFTHS MAJORITY VOTE TO PASS.