HOUSE BILL 1296
By Powell
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States / Tennessee / Bill text
Bill text
Current Version
SB 1157 — 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.
SB 1157 (Current Version)
Current Version text of SB 1157.