Steve Davis
- Democratic
Primary
Creates the Secured Health Care Assistance Retiree Exemption (SHARE) Act. Establishes the Secured Health Care Assistance Retiree Program to provide group health plans for eligible retirees. Defines "eligible retirees" as a resident of this State who is a retiree of a company that paid health care benefits that were established by contract or by a collective bargaining agreement and that have expired due to the bankruptcy of the company. Creates the Secured Health Care Assistance Retiree Board to implement the program. Amends the State Finance Act. Creates the Secured Health Care Assistance Retiree Trust Fund. Amends the General Obligation Bond Act. Authorizes the issuance of $225,000,000 in bonds to be used to fund the Secured Health Care Assistance Retiree Trust Fund, which Fund shall be used as provided in the Secured Health Care Assistance Retiree Exemption (SHARE) Act.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Assigned to Executive Committee
Filed with the Clerk by Rep. Steve Davis
First Reading
Referred to Rules Committee
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