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Fiscal Year 2019 Budget

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HB 109 appropriates $1,585,109,800 for the annual required state contribution to SURS for fiscal year 2019.  Of this amount, $1,370,109,800 is appropriated from the General Revenue Fund, and $215,000,000 is appropriated from the State Pensions Fund.  The certified Fiscal Year 2019 state contribution to SURS is $1,655,154,000.

HB 109 also appropriates $4,390,811 from the Education Assistance Fund for the state contribution to the College Insurance Program (CIP) for fiscal year 2019.  The certified fiscal year 2019 state contribution to CIP is $4,390,811.

As it relates to SURS, HB 109 is identical to HA #1 to HB 860 of the 100th General Assembly.

HB 109 takes effect on July 1, 2018.

Became Public Act 100-0586 effective June 4, 2018