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2014 Regular Session



Maryland Secure Choice Retirement Savings Program and Trust

Sponsored by:

Delegate Hucker


In the House - Reassigned to Economic Matters and Appropriations

Synopsis:Establishing the Maryland Secure Choice Retirement Savings Program for eligible private sector employees; establishing the Maryland Secure Choice Retirement Savings Trust; establishing the Maryland Secure Choice Retirement Savings Board to implement, maintain, and administer the Program and the Trust; requiring eligible employers to offer the Program and requiring eligible employees to participate in the Program unless written notice to opt out is provided to the employer; authorizing the Comptroller to enforce employer compliance; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Hucker, Barkley, Glenn, Gutierrez, and Holmes
Additional Facts:Cross-filed with: SB0921
Bill File Type: Regular
Effective Date(s): July 1, 2014
Economic Matters   View Committee Hearing
Broad Subject(s):Private Sector Labor and Industry
State Pensions and Retirement
Narrow Subject(s):Administrative Agencies -see also- Electronic Government
Auditors and Audits
Business and Economic Development, Department of
Committees and Commissions -see also- Political Committees
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Income Tax
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Investments -see also- Securities
Liability -see also- Good Samaritan
Penalties and Sentences -see also- Death Penalty
Public Information
Retirement Systems -see also- Mandatory Retirement
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Rules and Regulations
Work, Labor and Employment -see also- Col Barg; Holiday; etc

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October 2, 2015 9:04 A.M.