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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 76(R)

HOUSE BILL 2434  

HOUSE AUTHOR: Uher

EFFECTIVE: 08-30-99         

SENATE SPONSOR: Moncrief

House Bill 2434 amends the Development Corporation Act of 1979 to authorize certain development corporations created by political subdivisions to extend insurance and certain benefits, including retirement benefits, to the corporation's directors, employees, and their dependents, with the consent of the political subdivision.