Synopsis
This Amendment allows for the Board of Trustees' tax counsel to review the impact of House Bill No. 179 and provide a favorable decision concerning the tax qualification of the proposed changes before HB 179 is effective. If no decision is issued by January 1, 2018, HB 179 will take effect on January 1, 2018. The Board of Pensions must provide notice to the Registrar of Regulations when the Board has received tax counsel has issued an opinion.