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2006 SESSION
HB 419 Retirement System; Board shall pay cash-out amount in direct rollover to an individual plan.
Introduced by: Lacey E. Putney | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Retirement; mandatory cash-outs. Provides that if a member does not elect a direct rollover or direct payment of a mandatory cash-out greater than $1,000, the Board of the Virginia Retirement System shall pay the cash-out amount in a direct rollover to an individual retirement plan designated by the Board.
FULL TEXT
- 01/06/06 House: Prefiled and ordered printed; offered 01/11/06 069152164 pdf | impact statement
- 02/09/06 House: Committee substitute printed 069214476-H1 pdf | impact statement
- 03/11/06 House: Bill text as passed House and Senate (HB419ER) pdf | impact statement
- 04/14/06 Governor: Acts of Assembly Chapter text (CHAP0637) pdf
HISTORY
- 01/06/06 House: Prefiled and ordered printed; offered 01/11/06 069152164
- 01/06/06 House: Referred to Committee on Appropriations
- 01/27/06 House: Assigned App. sub: Compensation and Retirement (Putney)
- 02/08/06 House: Reported from Appropriations with substitute (23-Y 0-N)
- 02/09/06 House: Committee substitute printed 069214476-H1
- 02/10/06 House: Read first time
- 02/13/06 House: Read second time
- 02/13/06 House: Committee substitute agreed to 069214476-H1
- 02/13/06 House: Engrossed by House - committee substitute HB419H1
- 02/14/06 House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/14/06 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/14/06 House: Communicated to Senate
- 02/15/06 Senate: Constitutional reading dispensed
- 02/15/06 Senate: Referred to Committee on Finance
- 03/01/06 Senate: Reported from Finance (15-Y 0-N)
- 03/02/06 Senate: Constitutional reading dispensed (39-Y 0-N)
- 03/02/06 Senate: VOTE: (39-Y 0-N)
- 03/03/06 Senate: Read third time
- 03/03/06 Senate: Passed Senate (39-Y 0-N)
- 03/03/06 Senate: VOTE: (39-Y 0-N)
- 03/11/06 House: Bill text as passed House and Senate (HB419ER)
- 03/11/06 House: Enrolled
- 03/11/06 House: Signed by Speaker
- 03/13/06 Senate: Signed by President
- 04/05/06 Governor: Approved by Governor-Chapter 637 (effective 7/1/06)
- 04/14/06 Governor: Acts of Assembly Chapter text (CHAP0637)