Legislation

Title: Study of Retirement Plan Alternatives
Sponsored by: The President (By Request - Administration) and Senators Bates, Eckardt, Edwards, Hershey, Hough, Jennings, Ready, Salling, Serafini, and Simonaire
Status: In the House - Unfavorable Report by Appropriations
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Requiring the Department of Legislative Services to examine potential retirement plan options that may be offered to employees as an alternative to specified defined benefit pension plans; requiring the study to include specified elements; requiring the Department of Legislative Services to report its findings and recommendations to the Joint Committee on Pensions on or before December 1, 2017; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Appropriations Click to view Recorded Media

Details

Cross-filed with: HB0748

Bill File Type: Regular

Effective Date(s): July 1, 2017

Bill imposes a mandated appropriation in the annual State Budget Bill

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 2/01/2017 Legislative Date 2/01/2017 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - State Retirement Choice for the 21st Century Workforce Proceedings
Chamber Senate Calendar Date 2/15/2017 Legislative Date 2/15/2017 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/28/2017 Legislative Date 2/28/2017 Action Hearing 3/09 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Favorable with Amendments {399936/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber Senate Calendar Date 3/17/2017 Legislative Date 3/17/2017 Action Second Reading Passed with Amendments Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Study of Retirement Plan Alternatives Proceedings
Chamber Senate Calendar Date 3/20/2017 Legislative Date 3/18/2017 Action Third Reading Passed (42-5) Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/21/2017 Legislative Date 3/18/2017 Action Referred Appropriations Proceedings 52 Click to view Recorded Media
Chamber House Calendar Date 3/22/2017 Legislative Date 3/22/2017 Action Hearing 3/28 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 4/10/2017 Legislative Date 4/10/2017 Action Unfavorable Report by Appropriations Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/01/2017	2/01/2017	First Reading Senate Rules
			Text - First - State Retirement Choice for the 21st Century Workforce
Senate	2/15/2017	2/15/2017	Rereferred to Budget and Taxation
Senate	2/28/2017	2/28/2017	Hearing 3/09 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/17/2017	3/17/2017	Favorable with Amendments Report by Budget and Taxation
Senate	3/17/2017	3/17/2017	Favorable with Amendments {399936/1 Adopted	46 Click to view Recorded Media
Senate	3/17/2017	3/17/2017	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Study of Retirement Plan Alternatives
Senate	3/20/2017	3/18/2017	Third Reading Passed (42-5)	47 Click to view Recorded Media
House	3/21/2017	3/18/2017	Referred Appropriations	52 Click to view Recorded Media
House	3/22/2017	3/22/2017	Hearing 3/28 at 1:00 p.m.
			Vote - House - Committee - Appropriations	Click to view Recorded Media
House	4/10/2017	4/10/2017	Unfavorable Report by Appropriations

File Code

Subjects

Statutes