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Bill text Current Version

HB 1296 — Pensions and Retirement Benefits - As introduced, allows a retirement allowance increase equal to the percentage increase in the consumer price index if there is an over-collection of state tax revenue; requires this allowance increase to be used instead of the allowance increase in present law, which cannot exceed 3 percent. - Amends TCA Section 8-36-701.

HB 1296 (Current Version)

Current Version text of HB 1296.

SENATE BILL 1157

By Kyle

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