Archive #65716

Metadata

Bill Number: HB26-1400
HTTP Status: 200
Valid JSON: Valid
Archived At: 2026-05-29 09:54:05 MDT
Created At: 2026-05-29 09:54:05 MDT

Parsed JSON

{
  "votes": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/cslVotes.nsf/0/0D270FD6E078B3DD87258DDB00558E2C?OpenDocument",
      "date": "04/16/2026",
      "action": "Third Reading",
      "motion": "BILL",
      "chamber": "SENATE",
      "vote_id": "5858",
      "vote_no": 0,
      "vote_17C": 0,
      "vote_17D": 0,
      "vote_abs": 0,
      "vote_exc": 0,
      "vote_yes": 35,
      "voice_vote": "N",
      "vote_others": 0,
      "vote_result": "Aye: 35 No:  0 Other: 0",
      "member_votes": [
        {
          "vote": "Y",
          "last_name": "Amabile"
        },
        {
          "vote": "Y",
          "last_name": "Baisley"
        },
        {
          "vote": "Y",
          "last_name": "Ball"
        },
        {
          "vote": "Y",
          "last_name": "Benavidez"
        },
        {
          "vote": "Y",
          "last_name": "Bridges"
        },
        {
          "vote": "Y",
          "last_name": "Bright"
        },
        {
          "vote": "Y",
          "last_name": "Carson"
        },
        {
          "vote": "Y",
          "last_name": "Catlin"
        },
        {
          "vote": "Y",
          "last_name": "Cutter"
        },
        {
          "vote": "Y",
          "last_name": "Danielson"
        },
        {
          "vote": "Y",
          "last_name": "Daugherty"
        },
        {
          "vote": "Y",
          "last_name": "Exum"
        },
        {
          "vote": "Y",
          "last_name": "Frizell"
        },
        {
          "vote": "Y",
          "last_name": "Gonzales J."
        },
        {
          "vote": "Y",
          "last_name": "Hinrichsen"
        },
        {
          "vote": "Y",
          "last_name": "Jodeh"
        },
        {
          "vote": "Y",
          "last_name": "Kipp"
        },
        {
          "vote": "Y",
          "last_name": "Kirkmeyer"
        },
        {
          "vote": "Y",
          "last_name": "Kolker"
        },
        {
          "vote": "Y",
          "last_name": "Lindstedt"
        },
        {
          "vote": "Y",
          "last_name": "Liston"
        },
        {
          "vote": "Y",
          "last_name": "Marchman"
        },
        {
          "vote": "Y",
          "last_name": "Mullica"
        },
        {
          "vote": "Y",
          "last_name": "Pelton B."
        },
        {
          "vote": "Y",
          "last_name": "Pelton R."
        },
        {
          "vote": "Y",
          "last_name": "Rich"
        },
        {
          "vote": "Y",
          "last_name": "Roberts"
        },
        {
          "vote": "Y",
          "last_name": "Rodriguez"
        },
        {
          "vote": "Y",
          "last_name": "Simpson"
        },
        {
          "vote": "Y",
          "last_name": "Snyder"
        },
        {
          "vote": "Y",
          "last_name": "Sullivan"
        },
        {
          "vote": "Y",
          "last_name": "Wallace"
        },
        {
          "vote": "Y",
          "last_name": "Weissman"
        },
        {
          "vote": "Y",
          "last_name": "Zamora Wilson"
        },
        {
          "vote": "Y",
          "last_name": "President"
        }
      ],
      "lay_over_date": "",
      "vote_date_time": "04/16/2026 09:19:18 AM"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/cslVotes.nsf/0/FCEC5C46C069214887258DD6005F7793?OpenDocument",
      "date": "04/11/2026",
      "action": "Third Reading",
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      "chamber": "HOUSE",
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      "vote_17C": 0,
      "vote_17D": 0,
      "vote_abs": 2,
      "vote_exc": 2,
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      "voice_vote": "N",
      "vote_others": 4,
      "vote_result": "Aye: 59 No:  2 Other: 4",
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          "vote": "Y",
          "last_name": "Bacon"
        },
        {
          "vote": "Y",
          "last_name": "Barron"
        },
        {
          "vote": "Y",
          "last_name": "Boesenecker"
        },
        {
          "vote": "-",
          "last_name": "Bottoms"
        },
        {
          "vote": "Y",
          "last_name": "Bradfield"
        },
        {
          "vote": "Y",
          "last_name": "Bradley"
        },
        {
          "vote": "Y",
          "last_name": "Brooks"
        },
        {
          "vote": "Y",
          "last_name": "Brown"
        },
        {
          "vote": "Y",
          "last_name": "Caldwell"
        },
        {
          "vote": "Y",
          "last_name": "Camacho"
        },
        {
          "vote": "Y",
          "last_name": "Carter"
        },
        {
          "vote": "Y",
          "last_name": "Clifford"
        },
        {
          "vote": "Y",
          "last_name": "DeGraaf"
        },
        {
          "vote": "Y",
          "last_name": "Duran"
        },
        {
          "vote": "Y",
          "last_name": "English"
        },
        {
          "vote": "Y",
          "last_name": "Espenoza"
        },
        {
          "vote": "Y",
          "last_name": "Feret"
        },
        {
          "vote": "Y",
          "last_name": "Flanell"
        },
        {
          "vote": "Y",
          "last_name": "Froelich"
        },
        {
          "vote": "Y",
          "last_name": "Garcia"
        },
        {
          "vote": "N",
          "last_name": "Garcia Sander"
        },
        {
          "vote": "Y",
          "last_name": "Gilchrist"
        },
        {
          "vote": "Y",
          "last_name": "Goldstein"
        },
        {
          "vote": "Y",
          "last_name": "Gonzalez R."
        },
        {
          "vote": "Y",
          "last_name": "Hamrick"
        },
        {
          "vote": "Y",
          "last_name": "Hartsook"
        },
        {
          "vote": "E",
          "last_name": "Jackson"
        },
        {
          "vote": "Y",
          "last_name": "Johnson"
        },
        {
          "vote": "Y",
          "last_name": "Joseph"
        },
        {
          "vote": "Y",
          "last_name": "Keltie"
        },
        {
          "vote": "Y",
          "last_name": "Lieder"
        },
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          "vote": "Y",
          "last_name": "Lindsay"
        },
        {
          "vote": "Y",
          "last_name": "Luck"
        },
        {
          "vote": "Y",
          "last_name": "Lukens"
        },
        {
          "vote": "Y",
          "last_name": "Mabrey"
        },
        {
          "vote": "Y",
          "last_name": "Marshall"
        },
        {
          "vote": "Y",
          "last_name": "Martinez"
        },
        {
          "vote": "Y",
          "last_name": "Mauro"
        },
        {
          "vote": "Y",
          "last_name": "McCormick"
        },
        {
          "vote": "Y",
          "last_name": "Nguyen"
        },
        {
          "vote": "Y",
          "last_name": "Paschal"
        },
        {
          "vote": "Y",
          "last_name": "Phillips"
        },
        {
          "vote": "Y",
          "last_name": "Richardson"
        },
        {
          "vote": "Y",
          "last_name": "Ricks"
        },
        {
          "vote": "Y",
          "last_name": "Rutinel"
        },
        {
          "vote": "Y",
          "last_name": "Rydin"
        },
        {
          "vote": "Y",
          "last_name": "Sirota"
        },
        {
          "vote": "Y",
          "last_name": "Slaugh"
        },
        {
          "vote": "Y",
          "last_name": "Smith"
        },
        {
          "vote": "-",
          "last_name": "Soper"
        },
        {
          "vote": "Y",
          "last_name": "Stewart K."
        },
        {
          "vote": "Y",
          "last_name": "Stewart R."
        },
        {
          "vote": "Y",
          "last_name": "Story"
        },
        {
          "vote": "N",
          "last_name": "Suckla"
        },
        {
          "vote": "Y",
          "last_name": "Taggart"
        },
        {
          "vote": "Y",
          "last_name": "Titone"
        },
        {
          "vote": "Y",
          "last_name": "Valdez"
        },
        {
          "vote": "Y",
          "last_name": "Velasco"
        },
        {
          "vote": "Y",
          "last_name": "Weinberg"
        },
        {
          "vote": "Y",
          "last_name": "Willford"
        },
        {
          "vote": "Y",
          "last_name": "Winter T."
        },
        {
          "vote": "Y",
          "last_name": "Woodrow"
        },
        {
          "vote": "E",
          "last_name": "Woog"
        },
        {
          "vote": "Y",
          "last_name": "Zokaie"
        },
        {
          "vote": "Y",
          "last_name": "McCluskie"
        }
      ],
      "lay_over_date": "",
      "vote_date_time": "04/11/2026 11:22:45 AM"
    }
  ],
  "active": "T",
  "origin": "House",
  "lls_num": "26-0845",
  "session": "2026A",
  "subject": [
    "State Government",
    "State Revenue & Budget"
  ],
  "bill_num": "HB26-1400",
  "sponsors": [
    {
      "id": "ES001",
      "title": "Representative",
      "s_type": "Prime Sponsor",
      "chamber": "House",
      "full_name": "Emily Sirota",
      "last_name": "Sirota",
      "first_name": "Emily",
      "sponsor_order": "1"
    },
    {
      "id": "RT001",
      "title": "Representative",
      "s_type": "Prime Sponsor",
      "chamber": "House",
      "full_name": "Rick Taggart",
      "last_name": "Taggart",
      "first_name": "Rick",
      "sponsor_order": "2"
    },
    {
      "id": "KB002",
      "title": "Representative",
      "s_type": "Additional Sponsor",
      "chamber": "House",
      "full_name": "Kyle Brown",
      "last_name": "Brown",
      "first_name": "Kyle"
    },
    {
      "id": "JB004",
      "title": "Senator",
      "s_type": "Prime Sponsor",
      "chamber": "Senate",
      "full_name": "Jeff Bridges",
      "last_name": "Bridges",
      "first_name": "Jeff",
      "sponsor_order": "3"
    },
    {
      "id": "BK001",
      "title": "Senator",
      "s_type": "Prime Sponsor",
      "chamber": "Senate",
      "full_name": "Barbara Kirkmeyer",
      "last_name": "Kirkmeyer",
      "first_name": "Barbara",
      "sponsor_order": "4"
    },
    {
      "id": "JA002",
      "title": "Senator",
      "s_type": "Additional Sponsor",
      "chamber": "Senate",
      "full_name": "Judy Amabile",
      "last_name": "Amabile",
      "first_name": "Judy"
    },
    {
      "id": "NH001",
      "title": "Senator",
      "s_type": "Co-sponsor",
      "chamber": "Senate",
      "full_name": "Nick Hinrichsen",
      "last_name": "Hinrichsen",
      "first_name": "Nick"
    },
    {
      "id": "CK003",
      "title": "Senator",
      "s_type": "Co-sponsor",
      "chamber": "Senate",
      "full_name": "Chris Kolker",
      "last_name": "Kolker",
      "first_name": "Chris"
    }
  ],
  "bill_files": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_rer.pdf",
      "date": "04/16/2026",
      "label": "Rerevised",
      "url_html": "",
      "lastModified": "04/16/2026 10:51:08 AM"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_rev.pdf",
      "date": "04/15/2026",
      "label": "Revised",
      "url_html": "",
      "lastModified": "04/15/2026 12:21:12 PM"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_ren.pdf",
      "date": "04/11/2026",
      "label": "Reengrossed",
      "url_html": "",
      "lastModified": "04/11/2026 12:25:40 PM"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_eng.pdf",
      "date": "04/09/2026",
      "label": "Engrossed",
      "url_html": "",
      "lastModified": "04/09/2026 06:51:20 PM"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_01.pdf",
      "date": "04/02/2026",
      "label": "Introduced",
      "url_html": "",
      "lastModified": "04/02/2026 12:40:44 PM"
    }
  ],
  "committees": [
    {
      "id": "H_APP_2026A",
      "name": "Appropriations",
      "chamber": "House"
    },
    {
      "id": "S_APP_2026A",
      "name": "Appropriations",
      "chamber": "Senate"
    }
  ],
  "long_title": "Concerning adjustments to the public employees' retirement association's allocation of money to trust funds.",
  "bill_status": "Enroll into an Act",
  "short_title": "Adjust PERA's Allocations to Trust Funds",
  "bill_summary": "<html><body><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Joint Budget Committee.</b> Current law requires the state treasurer to issue a warrant in the amount of $225 million to the public employees' retirement association (PERA) on July 1 of each year as a direct distribution (direct distribution) and requires PERA to allocate the direct distribution to the trust funds of each division of PERA as it would an employer contribution, in a manner that is proportionate to the annual payroll of each division, except in certain circumstances. The bill changes the allocation of the direct distribution by specifying that, beginning with the direct distribution occurring on July 1, 2026, and on July 1 of each year thereafter, PERA is required to allocate the direct distribution to the trust funds of each division of PERA on an actuarial basis to maximize PERA's blended total contribution amount in a manner that limits, to the extent possible, the triggering of automatic adjustment provisions, which are triggered when PERA's divisions fall below a targeted level of funding.</p><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The bill also changes the amount of PERA employer contributions that are allocated to the health care trust fund from 1.02% of member salaries to 0.52% of member salaries.<br/><br/><br/><i>(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)</i></p></body></html>",
  "progress_bar": [
    {
      "end": "F",
      "label": "Introduced",
      "position": 1
    },
    {
      "end": "F",
      "label": "Passed",
      "position": 2
    }
  ],
  "special_type": "",
  "bill_category": "Government - State",
  "allow_testimony": "F",
  "amendment_files": [],
  "full_bill_topic": "Adjust Public Employees' Retirement Association's Allocations to Trust Funds",
  "long_bill_files": [],
  "GHG_report_files": [],
  "preamended_files": [],
  "bill_sub_category": "PERA",
  "fiscal_note_files": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_00.pdf",
      "date": "04/02/2026",
      "label": "FN1",
      "url_html": "",
      "lastModified": "04/22/2026 02:22:02 PM",
      "label_detailed": "Initial Fiscal Note"
    }
  ],
  "is_budget_package": "Yes",
  "session_laws_files": "",
  "summarized_history": [
    {
      "date": "04/16/2026",
      "action": "Senate Third Reading Passed - No Amendments",
      "location": "Senate"
    },
    {
      "date": "04/15/2026",
      "action": "Senate Second Reading Special Order - Passed - No Amendments",
      "location": "Senate"
    },
    {
      "date": "04/14/2026",
      "action": "Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole",
      "location": "Senate"
    },
    {
      "date": "04/13/2026",
      "action": "Introduced In Senate - Assigned to Appropriations",
      "location": "Senate"
    },
    {
      "date": "04/11/2026",
      "action": "House Third Reading Passed - No Amendments",
      "location": "House"
    },
    {
      "date": "04/10/2026",
      "action": "House Third Reading Laid Over Daily - No Amendments",
      "location": "House"
    },
    {
      "date": "04/09/2026",
      "action": "House Second Reading Special Order - Passed - No Amendments",
      "location": "House"
    },
    {
      "date": "04/08/2026",
      "action": "House Second Reading Special Order - Laid Over Daily - No Amendments",
      "location": "House"
    },
    {
      "date": "04/06/2026",
      "action": "House Committee on Appropriations Refer Unamended to House Committee of the Whole",
      "location": "House"
    },
    {
      "date": "04/02/2026",
      "action": "Introduced In House - Assigned to Appropriations",
      "location": "House"
    }
  ],
  "research_note_files": [],
  "bill_sub_sub_category": "Other",
  "committee_report_files": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_H_APP_001.pdf",
      "date": "04/06/2026",
      "label": "H_APP_2026A",
      "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_H_APP_001.html",
      "lastModified": "04/06/2026 04:16:29 PM"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_S_APP_001.pdf",
      "date": "04/14/2026",
      "label": "S_APP_2026A",
      "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_S_APP_001.html",
      "lastModified": "04/14/2026 03:38:28 PM"
    }
  ],
  "demographic_note_files": [],
  "updated_bill_summary_files": [],
  "budget_staff_analysis_files": [],
  "first_chamber_third_reading_date": "04/11/2026",
  "second_chamber_third_reading_date": "04/16/2026"
}

Raw Response

{"bill_num":"HB26-1400","lls_num":"26-0845","origin":"House","short_title":"Adjust PERA's Allocations to Trust Funds","full_bill_topic":"Adjust Public Employees' Retirement Association's Allocations to Trust Funds","long_title":"Concerning adjustments to the public employees' retirement association's allocation of money to trust funds.","special_type":"","bill_category":"Government - State","bill_sub_category":"PERA","bill_sub_sub_category":"Other","is_budget_package":"Yes","subject":["State Government","State Revenue & Budget"],"bill_status":"Enroll into an Act","sponsors":[{"id":"ES001","title":"Representative","first_name":"Emily","last_name":"Sirota","full_name":"Emily Sirota","s_type":"Prime Sponsor","chamber":"House","sponsor_order":"1"},{"id":"RT001","title":"Representative","first_name":"Rick","last_name":"Taggart","full_name":"Rick Taggart","s_type":"Prime Sponsor","chamber":"House","sponsor_order":"2"},{"id":"KB002","title":"Representative","first_name":"Kyle","last_name":"Brown","full_name":"Kyle Brown","s_type":"Additional Sponsor","chamber":"House"},{"id":"JB004","title":"Senator","first_name":"Jeff","last_name":"Bridges","full_name":"Jeff Bridges","s_type":"Prime Sponsor","chamber":"Senate","sponsor_order":"3"},{"id":"BK001","title":"Senator","first_name":"Barbara","last_name":"Kirkmeyer","full_name":"Barbara Kirkmeyer","s_type":"Prime Sponsor","chamber":"Senate","sponsor_order":"4"},{"id":"JA002","title":"Senator","first_name":"Judy","last_name":"Amabile","full_name":"Judy Amabile","s_type":"Additional Sponsor","chamber":"Senate"},{"id":"NH001","title":"Senator","first_name":"Nick","last_name":"Hinrichsen","full_name":"Nick Hinrichsen","s_type":"Co-sponsor","chamber":"Senate"},{"id":"CK003","title":"Senator","first_name":"Chris","last_name":"Kolker","full_name":"Chris Kolker","s_type":"Co-sponsor","chamber":"Senate"}],"committees":[{"id":"H_APP_2026A","chamber":"House","name":"Appropriations"},{"id":"S_APP_2026A","chamber":"Senate","name":"Appropriations"}],"first_chamber_third_reading_date":"04/11/2026","second_chamber_third_reading_date":"04/16/2026","summarized_history":[{"date":"04/16/2026","location":"Senate","action":"Senate Third Reading Passed - No Amendments"},{"date":"04/15/2026","location":"Senate","action":"Senate Second Reading Special Order - Passed - No Amendments"},{"date":"04/14/2026","location":"Senate","action":"Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole"},{"date":"04/13/2026","location":"Senate","action":"Introduced In Senate - Assigned to Appropriations"},{"date":"04/11/2026","location":"House","action":"House Third Reading Passed - No Amendments"},{"date":"04/10/2026","location":"House","action":"House Third Reading Laid Over Daily - No Amendments"},{"date":"04/09/2026","location":"House","action":"House Second Reading Special Order - Passed - No Amendments"},{"date":"04/08/2026","location":"House","action":"House Second Reading Special Order - Laid Over Daily - No Amendments"},{"date":"04/06/2026","location":"House","action":"House Committee on Appropriations Refer Unamended to House Committee of the Whole"},{"date":"04/02/2026","location":"House","action":"Introduced In House - Assigned to Appropriations"}],"progress_bar":[{"position":1,"label":"Introduced","end":"F"},{"position":2,"label":"Passed","end":"F"}],"active":"T","session":"2026A","allow_testimony":"F","long_bill_files":[],"bill_files":[{"date":"04/16/2026","lastModified":"04/16/2026 10:51:08 AM","label":"Rerevised","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_rer.pdf","url_html":""},{"date":"04/15/2026","lastModified":"04/15/2026 12:21:12 PM","label":"Revised","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_rev.pdf","url_html":""},{"date":"04/11/2026","lastModified":"04/11/2026 12:25:40 PM","label":"Reengrossed","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_ren.pdf","url_html":""},{"date":"04/09/2026","lastModified":"04/09/2026 06:51:20 PM","label":"Engrossed","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_eng.pdf","url_html":""},{"date":"04/02/2026","lastModified":"04/02/2026 12:40:44 PM","label":"Introduced","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/1400_01.pdf","url_html":""}],"fiscal_note_files":[{"date":"04/02/2026","lastModified":"04/22/2026 02:22:02 PM","label":"FN1","label_detailed":"Initial Fiscal Note","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_00.pdf","url_html":""}],"research_note_files":[],"budget_staff_analysis_files":[], "preamended_files":[],"committee_report_files":[{"date":"04/06/2026","lastModified":"04/06/2026 04:16:29 PM","label":"H_APP_2026A","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_H_APP_001.pdf","url_html":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_H_APP_001.html"},{"date":"04/14/2026","lastModified":"04/14/2026 03:38:28 PM","label":"S_APP_2026A","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_S_APP_001.pdf","url_html":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/5263D42F41DDE58687258D950001D735/$File/HB1400_S_APP_001.html"}],"updated_bill_summary_files":[],"demographic_note_files":[],"GHG_report_files":[],"bill_summary":"<html><body><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Joint Budget Committee.</b> Current law requires the state treasurer to issue a warrant in the amount of $225 million to the public employees' retirement association (PERA) on July 1 of each year as a direct distribution (direct distribution) and requires PERA to allocate the direct distribution to the trust funds of each division of PERA as it would an employer contribution, in a manner that is proportionate to the annual payroll of each division, except in certain circumstances. The bill changes the allocation of the direct distribution by specifying that, beginning with the direct distribution occurring on July 1, 2026, and on July 1 of each year thereafter, PERA is required to allocate the direct distribution to the trust funds of each division of PERA on an actuarial basis to maximize PERA's blended total contribution amount in a manner that limits, to the extent possible, the triggering of automatic adjustment provisions, which are triggered when PERA's divisions fall below a targeted level of funding.</p><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The bill also changes the amount of PERA employer contributions that are allocated to the health care trust fund from 1.02% of member salaries to 0.52% of member salaries.<br/><br/><br/><i>(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)</i></p></body></html>","amendment_files":[],"session_laws_files":"","votes":[{"vote_id":"5858","chamber":"SENATE","action":"Third Reading","date":"04/16/2026",
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