SB1007 (CH0323)

Find a 2016 Bill:

2016 Regular Session



Maryland Small Business Retirement Savings Program and Trust

Sponsored by:

Senator Peters


Approved by the Governor - Chapter 323

Synopsis:Establishing the Maryland Small Business Retirement Savings Program and Trust for private sector employees; establishing the Maryland Small Business Retirement Savings Board to implement, maintain, and administer the Program and the Trust; requiring the Board to take any action to ensure that the Program is not preempted by federal law, to establish procedures and disclosures to protect the interests of participants and employers, and to disseminate to employers and employees information about the Program prior to enrollment; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Peters, Astle, Benson, Currie, Feldman, Guzzone, Kasemeyer, Kelley, King, Klausmeier, Madaleno, Manno, McFadden, Middleton, Pugh, and Rosapepe
Additional Facts:Cross-filed with: HB1378
Bill File Type: Regular
Effective Date(s): July 1, 2016
Budget and Taxation  View Committee Hearing
Economic Matters
Broad Subject(s):Private Sector Labor and Industry
State Pensions and Retirement
Corporations and Associations
Narrow Subject(s):Auditors and Audits
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Committees and Commissions -see also- Political Committees
Estates and Trusts
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Investments -see also- Securities
Liability -see also- Good Samaritan
Retirement Systems -see also- Mandatory Retirement
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Small Business
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - Corporations and Associations
Article - Labor and Employment
(12-101 through 12-502)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 24, 2017 5:11 P.M.