2002 Regular Session

HOUSE BILL 705

File Code: State Pensions and Retirement Crossfiled with: SENATE BILL 686
Sponsored By:
Delegate Rosenberg
Entitled:
Optional Retirement Program - Supplemental Annuities

Synopsis:

Clarifying the authority of specified higher education institutions to establish specified supplemental retirement plans and offer supplemental annuities and deferred compensation plans to their employees under { 401(a), { 403(b), or { 457 of the Internal Revenue Code, or any other provision of federal law that authorizes supplemental retirement accounts, and to authorize specified employees to participate in one or more of the plans; and making the application of the Act retroactive to January 1, 2002.

History by Legislative Date

House Action
2/6
First Reading Appropriations
2/13
Hearing 3/5 at 11:00 a.m.
3/22
Favorable with Amendments Report by Appropriations
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/23
Third Reading Passed (138-0)
4/3
Returned Passed
5/15
Governor vetoed - Cross-filed bill was signed
Senate Action
3/25
First Reading Budget and Taxation
4/4
Favorable Report by Budget and Taxation
4/2
Favorable Report Adopted
Second Reading Passed
4/3
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
FEDERAL GOVERNMENT
HIGHER EDUCATION -see also- COMM COLLEGES; MED SCHOOLS; etc.
RETIREMENT SYSTEMS -see also- MANDATORY RETIREMENT
STATE EMPLOYEES
STATE UNIVERSITIES AND COLLEGES
Bill affects the following Statutes:
State Personnel and Pensions
( 30-101 , 30-210 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 094366/1 (PDF)     Offered on: March 22, 2002   at: 12:27 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 23, 2002: Third Reading Passed (138-0)
Senate
April 3, 2002: Third Reading Passed (47-0)