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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2003 SESSION
SB 857 Virginia Retirement System; administrative fees.
Introduced by: Walter A. Stosch | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Virginia Retirement System; administrative fees. Provides that the Virginia Retirement System (VRS) may charge and collect administrative fees to pay its costs incurred in administrating and overseeing any retirement plan or service award fund other than the Virginia Retirement System, State Police Officers' Retirement System, Virginia Law Officers' Retirement, or the Judicial Retirement System. The bill also authorizes VRS to charge and collect from participating employers any penalties, interest, compliance fees, or other charges charged to VRS by the Internal Revenue Service or other regulatory body. Persons employed in teaching, administrative or research functions at institutions of higher education who are enrolled in an optional retirement plan may be charged with a reimbursement fee by their employer for purposes of recovering VRS charges for administrating and overseeing the optional retirement plan.
FULL TEXT
- 01/08/03 Senate: Presented & ordered printed, prefiled 01/07/03 032228260 pdf | impact statement
- 01/22/03 Senate: Committee substitute printed 039077408-S1 pdf | impact statement
- 02/26/03 Senate: Bill text as passed Senate and House (SB857ER) pdf | impact statement
- 03/27/03 Governor: Acts of Assembly Chapter text (CHAP0626) pdf
HISTORY
- 01/08/03 Senate: Presented & ordered printed, prefiled 01/07/03 032228260
- 01/08/03 Senate: Referred to Committee on Finance
- 01/22/03 Senate: Reported from Finance with substitute (13-Y 0-N)
- 01/22/03 Senate: Committee substitute printed 039077408-S1
- 01/23/03 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/23/03 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 01/24/03 Senate: Read second time
- 01/24/03 Senate: Reading of substitute waived
- 01/24/03 Senate: Committee substitute agreed to 039077408-S1
- 01/24/03 Senate: Engrossed by Senate - committee substitute 039077408-S1
- 01/27/03 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/27/03 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 01/27/03 Senate: Communicated to House
- 01/29/03 House: Placed on Calendar
- 01/29/03 House: Read first time
- 01/29/03 House: Referred to Committee on Appropriations
- 02/17/03 House: Reported from Appropriations (25-Y 0-N)
- 02/18/03 House: Read second time
- 02/19/03 House: Read third time
- 02/19/03 House: Passed House BLOCK VOTE (99-Y 0-N)
- 02/19/03 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/26/03 Senate: Bill text as passed Senate and House (SB857ER)
- 03/05/03 Senate: Enrolled
- 03/05/03 House: Signed by Speaker
- 03/06/03 Senate: Signed by President
- 03/18/03 Governor: Approved by Governor-Chapter 626 (effective 7/1/03)
- 03/27/03 Governor: Acts of Assembly Chapter text (CHAP0626)