MARSP Legislative Status Report
2019-20 Legislative Session| Bill Number | MARSP's position | Bill Sponsor(s) | Bill Summary | Our Rationale | Bill Text & History |
| Senate | |||||
| No bills at this time | |||||
| House | |||||
| HB 4006 | Support | Joseph Bellino (R) | House Bill 4006 would amend the Income Tax Act by allowing an exemption for the distribution of retirement income after December 31, 2018. This exemption would apply to retirement income for all taxpayers, regardless of the taxpayer’s date of birth. The bill would also allow for all senior citizens a deduction of certain investment income that is currently only available to those born before 1946. | MARSP supports HB4006 as it reinstitutes the public pension income tax exemption. | Click here for current bill status |
| HB 4530-4534 | Monitor | Thomas Albert (R) James Lower (R) Brad Paquette (R) Ann Bollin (R) Steven Johnson (R) | House Bills 4530-4534 would amend the calculation of unfunded actuarial accrued liability contributions in several in several state retirement systems. | MARSP is currently monitoring this set of bills and will take further action if necessary. | Click here for current bill status |
| HB 4694 | Support | Jim Lilly (R) | House Bill 4694 would amend the Public School Employees Retirement Act to modify a provision that allows certain retirees to work without losing retirement benefits while serving as a school renewal coach or high impact leadership facilitator under certain circumstances. The bill would extend the window during which a retiree to whom the provision applies could retire. | MARSP supports HB 4694 as it allows more retirees to return to work after retirement without losing pension and health benefits. | Click here for current bill status |