2009 Regular Session

HOUSE BILL 977

File Code: State Pensions and Retirement Crossfiled with: SENATE BILL 592
Sponsored By:
Delegate Griffith (Chair, Joint Committee on Pensions) and Delegates Aumann, Bates, Branch, Conway, Haynes, Heller, James, and Levy
Entitled:
State Retirement and Pension System - Compliance with Federal Tax Provisions

Synopsis:

Prohibiting the Board of Trustees for the State Retirement and Pension System from using forfeitures of benefits by a member or former member of the several systems to pay benefit increases, but requiring use of the forfeitures to reduce employer contributions; providing that the State Retirement Agency may make direct rollover payments to eligible retirement plans specified by the designated beneficiaries of a member of the State Retirement and Pension System; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/13
First Reading Appropriations
Hearing 2/17 at 1:00 p.m.
3/11
Favorable with Amendments Report by Appropriations
3/12
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/17
Third Reading Passed (138-0)
4/1
Returned Passed
Senate Action
3/18
First Reading Budget and Taxation
3/19
Hearing 3/26 at 9:00 a.m.
4/2
Favorable Report by Budget and Taxation
4/1
Favorable Report Adopted
Second Reading Passed
4/2
Third Reading Passed (47-0)
Action after passage in House and Senate
5/19
Vetoed by the Governor (Duplicative)

Sponsored by:

Delegate Melony G. Griffith, District 25
Delegate Susan L. M. Aumann, District 42
Delegate Gail H. Bates, District 9A
Delegate Talmadge Branch, District 45
Delegate Norman H. Conway, District 38B
Delegate Keith E. Haynes, District 44
Delegate Henry B. Heller, District 19
Delegate Mary-Dulany James, District 34A
Delegate Murray D. Levy, District 28
Pensions, Joint Committee on

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees
Forfeiture
Investments -see also- Securities
Retirement Systems -see also- Mandatory Retirement
State Employees

Bill affects the following Statutes:

State Personnel and Pensions
( 20-209 , 21-601 , 21-602 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 554167/01     Offered on: March 12, 2009   at: 10:15 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 17, 2009: Third Reading Passed (138-0)
Senate
April 2, 2009: Third Reading Passed (47-0)