2002 Regular Session

SENATE BILL 686

CHAPTER NUMBER: 334 File Code: State Pensions and Retirement Crossfiled with: HOUSE BILL 705
Sponsored By:
Senator Kasemeyer
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

Senate Action
2/1
First Reading Budget and Taxation
2/13
Hearing 3/7 at 8:00 a.m.
3/11
Favorable with Amendments Report by Budget and Taxation
3/12
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/14
Third Reading Passed (46-0)
4/3
Returned Passed
5/6
Signed by the Governor Chapter 334
House Action
3/15
First Reading Appropriations
3/20
Hearing 3/27 at 1:00 p.m.
4/4
Favorable Report by Appropriations
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (137-0)
Bill indexed under the following Subjects:
COMMUNITY COLLEGES
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:
Senate
Number: 289932/1 (PDF)     Offered on: March 12, 2002   at: 11:27 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 14, 2002: Third Reading Passed (46-0)
House
April 2, 2002: Third Reading Passed (137-0)