Legislation

Repealing a requirement that annuity contracts purchased under the optional retirement program shall be issued to and become the property of participating employees of the program; clarifying that the rights of participating employees who purchase annuity contracts under the program are fully vested and not subject to forfeit; authorizing a participating employee in the optional retirement program to select specified annuity contracts for the transfer of existing balances; applying the Act prospectively; etc.

Committees

Original:: Appropriations Click to view Recorded Media

Opposite:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: SB0353

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber House Calendar Date 1/25/2017 Legislative Date 1/25/2017 Action First Reading Appropriations Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Optional Retirement Program - Annuity Contracts - Employee Rights Proceedings
Chamber House Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action Hearing 2/21 at 1:00 p.m. Proceedings
Chamber House Calendar Date 2/08/2017 Legislative Date 2/08/2017 Action Hearing canceled Proceedings
Chamber House Calendar Date 2/08/2017 Legislative Date 2/08/2017 Action Hearing 2/28 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Appropriations Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/10/2017 Legislative Date 3/10/2017 Action Favorable with Amendments Report by Appropriations Proceedings
Chamber House Calendar Date 3/13/2017 Legislative Date 3/10/2017 Action Favorable with Amendments {524766/1 Adopted Proceedings 44 Click to view Recorded Media
Chamber House Calendar Date 3/13/2017 Legislative Date 3/10/2017 Action Second Reading Passed with Amendments Proceedings 44 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Optional Retirement Program - Annuity Contracts - Employee Rights Proceedings
Chamber House Calendar Date 3/15/2017 Legislative Date 3/12/2017 Action Third Reading Passed (140-0) Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2017 Legislative Date 3/16/2017 Action Referred Budget and Taxation Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/24/2017 Legislative Date 3/24/2017 Action Hearing 3/30 at 8:30 a.m. Proceedings
Chamber Senate Calendar Date 3/29/2017 Legislative Date 3/29/2017 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/29/2017 Legislative Date 3/29/2017 Action Hearing 3/30 at 9:00 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2017 Legislative Date 4/04/2017 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/04/2017 Legislative Date 3/29/2017 Action Favorable with Amendments {249335/1 Adopted Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/04/2017 Legislative Date 3/29/2017 Action Second Reading Passed with Amendments Proceedings 58 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2017 Legislative Date 3/30/2017 Action Third Reading Passed (47-0) Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action House Concurs Senate Amendments Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Third Reading Passed (137-0) Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Passed Enrolled Proceedings
Chamber Calendar Date Legislative Date Action Text - Enrolled - Optional Retirement Program - Annuity Contracts - Employee Rights Proceedings
Chamber Post Passage Calendar Date 5/04/2017 Legislative Date 5/04/2017 Action Approved by the Governor - Chapter 527 Proceedings
Chamber Calendar Date Legislative Date Action Text - Chapter - Optional Retirement Program - Annuity Contracts - Employee Rights Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/25/2017	1/25/2017	First Reading Appropriations
			Text - First - Optional Retirement Program - Annuity Contracts - Employee Rights
House	2/01/2017	2/01/2017	Hearing 2/21 at 1:00 p.m.
House	2/08/2017	2/08/2017	Hearing canceled
House	2/08/2017	2/08/2017	Hearing 2/28 at 1:00 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	3/10/2017	3/10/2017	Favorable with Amendments Report by Appropriations
House	3/13/2017	3/10/2017	Favorable with Amendments {524766/1 Adopted	44 Click to view Recorded Media
House	3/13/2017	3/10/2017	Second Reading Passed with Amendments	44 Click to view Recorded Media
			Text - Third - Optional Retirement Program - Annuity Contracts - Employee Rights
House	3/15/2017	3/12/2017	Third Reading Passed (140-0)	46 Click to view Recorded Media
Senate	3/16/2017	3/16/2017	Referred Budget and Taxation	45 Click to view Recorded Media
Senate	3/24/2017	3/24/2017	Hearing 3/30 at 8:30 a.m.
Senate	3/29/2017	3/29/2017	Hearing canceled
Senate	3/29/2017	3/29/2017	Hearing 3/30 at 9:00 a.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/04/2017	4/04/2017	Favorable with Amendments Report by Budget and Taxation
Senate	4/04/2017	3/29/2017	Favorable with Amendments {249335/1 Adopted	58 Click to view Recorded Media
Senate	4/04/2017	3/29/2017	Second Reading Passed with Amendments	58 Click to view Recorded Media
Senate	4/05/2017	3/30/2017	Third Reading Passed (47-0)	59 Click to view Recorded Media
House	4/08/2017	4/01/2017	House Concurs Senate Amendments	66 Click to view Recorded Media
House	4/08/2017	4/01/2017	Third Reading Passed (137-0)	66 Click to view Recorded Media
House	4/08/2017	4/01/2017	Passed Enrolled
			Text - Enrolled - Optional Retirement Program - Annuity Contracts - Employee Rights
Post Passage	5/04/2017	5/04/2017	Approved by the Governor - Chapter 527
			Text - Chapter - Optional Retirement Program - Annuity Contracts - Employee Rights

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Statutes