FN-W3BJ5E-1 Page 1 FISCAL NOTE House Bill 176 Committee: County and Municipal Government Sponsor: Representative Reed Ingram Analyst: Peter Grogan Date: 03/30/2023 House Bill 176 as introduced would allow local units of government participating in the Employee Retirement System (ERS) to elect to issue a longevity bonus to their retirees, under the provisions of Act 2022-229, by extending the provisions of that act for those employers from August 31, 2022, under current law, to October 1, 2023. The provisions of this act would increase the obligations of any local entity making such election by an undetermined amount dependent on the cost of the bonuses issues, which must be borne by the local government, as provided by this bill.