Louisiana 2013 2013 Regular Session

Louisiana Senate Bill SB2 Comm Sub / Analysis

                    The original instrument was prepared by Margaret M. Corley. The following
digest, which does not constitute a part of the legislative instrument, was prepared
by Ashley Mitchell.
DIGEST
Peacock (SB 2)
Present law provides for the membership of the board of trustees for the Municipal Employees'
Retirement System (MERS).
Proposed law provides for two additional members on the MERS board of trustees: 
(1)The commissioner of administration or his designee, who shall be a nonvoting member.
(2)The state treasurer or his designee, who shall be a nonvoting member.
Effective June 30, 2013.
(Amends R.S. 11:1821(B))
Summary of Amendments Adopted by Senate
Senate Floor Amendments to engrossed bill
1. Makes the commissioner of administration and state treasurer nonvoting
members.