House Bill 63, a bipartisan bill, seems like a self dealing bill to me. Right now, state pensioners (people who have worked for the state and then retired and started collecting their pension) are allowed to earn additional income up to $40,000 without losing any amount of their pension income. Over $40,000, the pensioner will have his or her pension reduced $1 for every $2 of new income (a 50% reduction).
This bill will increase that $40,000 threshold to $50,000. I say this sounds like a self dealing bill because it seems like the raise is narrowly tailored to account for pensioners, perhaps former legislators, that have been or are set to be hired by a state department or agency. But to be fair, it could account for wage growth amid the recent inflation increase.
The House passed the bill yesterday 40-0-1.
|House Bill 63 – INCREASING PENSIONER’S INCOME REDUCTION LIMIT||Currrent Status – House Passed 40-0-1.|
|House Sponsors – Dukes Briggs-King Gray Hensley Short Yearick // Osienski Williams||Senate Sponsors – Brown Sokola // Hocker Richardson Wilson|
|House Yes Votes – Baumbach Bush Carson Chukwuocha Cooke Dorsey-Walker Griffith Harris Heffernan Johnson Lambert Longhurst Lynn Matthews Minor-Brown Moore Morrison Neal Osienski Parker-Selby Phillips Romer Schwartzkopf Williams Wilson-Anton // Briggs King Collins Dukes Gray Hensley Hilovsky Morris Postles Ramone Short Shupe Smith Spiegelman Vanderwende Yearick||Senate Yes Votes –|
|House No Votes – None||Senate No Votes –|
|House Absents or Not Voting – Bolden||Senate Absent or Not Voting –|