Jurris.COM
Section 20236 Of Article 7. Records And Reports From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 2. >> Article 7.
20236
. (a) The board shall provide the Legislature with an analysis
of the asset and liability implications of each bill that would
affect the investment strategy of this system, the funding of this
system, or the benefit structure of this system. The analysis shall
include an explanation of the methodology employed and the
assumptions used in its preparation. Neither fiscal committee of the
Legislature shall hear any such bill until the analysis has been
provided to the committee.
(b) There is hereby continuously appropriated, without regard to fiscal years, from the retirement fund, an amount sufficient to pay all costs arising from subdivision (a), but not to exceed fifty thousand dollars ($50,000) in any one fiscal year.
(b) There is hereby continuously appropriated, without regard to fiscal years, from the retirement fund, an amount sufficient to pay all costs arising from subdivision (a), but not to exceed fifty thousand dollars ($50,000) in any one fiscal year.
