Louisiana Increase Appropriations to State Retirement System Unfunded Accrued Liability Amendment (2022)
| Louisiana Increase Appropriations to State Retirement System Unfunded Accrued Liability Amendment | |
|---|---|
 | |
| Election date November 8, 2022 | |
| Topic State and local government budgets, spending and finance | |
| Status Not on the ballot | |
| Type Constitutional amendment | Origin State legislature |
The Louisiana Increase Appropriations to State Retirement System Unfunded Accrued Liability Amendment was not on the ballot in Louisiana as a legislatively referred constitutional amendment on November 8, 2022.[1]
The amendment would have increased 10% to 25% the appropriations of nonrecurring state revenue to unfunded accrued liability of the state employees', teachers', school employees' and state police retirement systems.[1]
Text of measure
Ballot question
The ballot question for the amendment would have been as follows:[1]
| “ | Do you support an amendment to require that a minimum of twenty-five percent of any money designated as nonrecurring state revenue be applied toward the balance of the unfunded accrued liability of the state retirement systems? (Amends Article VII, Section 10(D)(2)(b)(ii) and (iii))
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” |
Full text
The full text is available here.
Path to the ballot
- See also: Amending the Louisiana Constitution
In Louisiana, a two-thirds vote is needed in each chamber of the Louisiana State Legislature to refer a legislatively referred constitutional amendment to the ballot for voter consideration.
This amendment was introduced as House Bill 29 on January 27, 2022. On May 23, 2022, the state House passed HB 29 in a vote of 70-21 with 14 members absent. The measure was not passed before the legislature adjourned the 2022 legislative session on June 6, 2022.[1]
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See also
External links
Footnotes
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State of Louisiana Baton Rouge (capital) |
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