2007 K-12 bills

Regular session results

HB 63 (Musgrove) – infuses $50 million in one-time-only state revenue into the Teachers Retirement System, increases state-funded employer contributions 2.38% over the next two biennia, and closes loopholes.

In addition to $50 million in OTO revenue, biennial cost to state general fund - $27 million.

Status: PASSED

HB 131 (Sesso) - Governor Schweitzer's funding bill for the Public Employees Retirement System (PERS) and all other public employee retirement systems. But as HB 131 brings PERS into actuarial compliance with an increase in state-funded employer contributions, it also reduces the Guaranteed Annual Benefit Adjustment (GABA) in all public employee retirement systems from the current 3% to 1.5% for all new employees hired on or after July 1, 2007.

Status: PASSED.

HB 609 (Hamilton - protects the reserves of a school employee self-funded insurance trust for the purposes for which they are intended - health care. It costs nothing, hurts no one, and protects the reserves of school district's self-funded trust.

Status: PASSED. This is a victory for good judgment, common sense, collective bargaining, and school employee rights!

Special session results