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2005 SESSION

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HB 2746 Retirement System; liability protection for governing body of any county, city, or town.

Introduced by: R. Lee Ware, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Retirement. Provides that a local government that establishes a retirement system shall not be liable for any loss resulting from the governing body's selection of an individual retirement plan provider, or investment product in the case of an automatic rollover of a mandatory cash-out, when the selection of the provider or product is made in accordance with safe harbor guidelines adopted by the United States Department of Labor.

FULL TEXT

• 01/12/05  House: Presented & ordered printed 059874540  pdf
• 02/25/05  House: Bill text as passed House and Senate (HB2746ER)  pdf
• 03/24/05  Governor: Acts of Assembly Chapter text (CHAP0196)  pdf

HISTORY

• 01/12/05  House: Presented & ordered printed 059874540
• 01/12/05  House: Referred to Committee on Appropriations
• 01/18/05  House: Assigned to App. sub-committee: Compensation & General ...
• 01/31/05  House: Reported from Appropriations (24-Y 0-N)
• 02/02/05  House: Read first time
• 02/03/05  House: Read second time and engrossed
• 02/04/05  House: Read third time and passed House BLOCK VOTE (95-Y 0-N)
• 02/04/05  House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
• 02/04/05  House: Reconsideration of passage agreed to by House
• 02/04/05  House: Passed House BLOCK VOTE (96-Y 0-N)
• 02/04/05  House: VOTE: BLOCK VOTE PASSAGE (96-Y 0-N)
• 02/04/05  House: Communicated to Senate
• 02/07/05  Senate: Constitutional reading dispensed
• 02/07/05  Senate: Referred to Committee on Finance
• 02/09/05  Senate: Reported from Finance (14-Y 0-N)
• 02/10/05  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/10/05  Senate: VOTE: CONST. RDG. DISPENSED R (38-Y 0-N)
• 02/11/05  Senate: Read third time
• 02/11/05  Senate: Passed Senate (39-Y 0-N)
• 02/11/05  Senate: VOTE: PASSAGE R (39-Y 0-N)
• 02/25/05  House: Bill text as passed House and Senate (HB2746ER)
• 02/25/05  House: Enrolled
• 02/25/05  House: Signed by Speaker
• 02/28/05  Senate: Signed by President
• 03/20/05  Governor: Approved by Governor-Chapter 196 (effective 7/1/05)
• 03/24/05  Governor: Acts of Assembly Chapter text (CHAP0196)