The Legislature will convene for its 2nd Special Session of 2008 today, Tuesday, June 24th at 5:00 p.m. One key issue to be dealt with during this special session will be to appropriate state funds relating to the recent decision by state teachers to transfer assets from the Teachers’ Defined Contribution Retirement System to the State Teachers Retirement System.
Also included in the Governor’s Call is the plan to freeze the expected increase in the tax on the wholesale price of motor fuel and creating a special fund to offset the loss in revenue this tax provides for the state Road Fund; as well as a bill clarifying state election law. A number of the bills to be introduced were passed by the Legislature during the 2008 Regular Session but vetoed due to technical problems. Several bills will also be introduced dealing with legislation to provide supplemental appropriation expending money to state agencies prior to the new fiscal year starting July 1, 2008.
