Bills Assigned to Keyword - GASB 45 (1)
Date of Last Recorded Action: 4/26/2024
S 0035
S 0035
Allows post-employment benefits to be invested in equity securities
01.21.2015 The Senate Finance Committee gave this bill a favorable report.Summary of the bill as introduced: Allows money set aside by a political subdivisions to fund post-employment benefits of employees of the political subdivision, including funds invested in an independent trust for that same purpose, to be invested in equity securities.
Sponsor:
Kevin L. Bryant
House Com:
Senate Com:
Status: House - Referred to Committee on Ways and Means
Status Date: 2/3/2015
Keywords:
Employment/Personnel
GASB 45
Of Interest
Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299,
mail@masc.sc