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2015 SESSION
HB 1998 State and federal programs; VRS shall convene a work group to review, etc.
Introduced by: Luke E. Torian | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Virginia Retirement System work group to develop recommendations to encourage and facilitate saving for retirement. Requires the Virginia Retirement System (VRS) to convene a work group to review current state and federal programs that encourage citizens of the Commonwealth to save for retirement by participating in retirement savings plans. The review will include an examination of retirement savings options for self-employed individuals, part-time employees, full-time employees whose employers do not offer a retirement savings plan, and groups with a low savings rate. The work group will include representatives of VRS, the Department of Taxation, small business, the self-employed, the Virginia College Savings Plan, and other stakeholders. The bill requires VRS to report its findings, which may include recommendations for statutory changes or amendments to the general appropriation act, to the Governor and the General Assembly by January 1, 2017.
FULL TEXT
- 01/14/15 House: Prefiled and ordered printed; offered 01/14/15 15100635D pdf | impact statement
- 02/06/15 House: Committee substitute printed 15104874D-H1 pdf | impact statement
- 03/06/15 House: Bill text as passed House and Senate (HB1998ER) pdf | impact statement
- 03/27/15 Governor: Acts of Assembly Chapter text (CHAP0669) pdf
HISTORY
- 01/14/15 House: Prefiled and ordered printed; offered 01/14/15 15100635D
- 01/14/15 House: Referred to Committee on Rules
- 01/27/15 House: Assigned Rules sub: Studies
- 02/05/15 House: Subcommittee recommends reporting with amendment(s) (4-Y 0-N)
- 02/06/15 House: Reported from Rules with substitute (14-Y 0-N)
- 02/06/15 House: Committee substitute printed 15104874D-H1
- 02/07/15 House: Read first time
- 02/09/15 House: Read second time
- 02/09/15 House: Committee substitute agreed to 15104874D-H1
- 02/09/15 House: Engrossed by House - committee substitute HB1998H1
- 02/10/15 House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
- 02/10/15 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/11/15 Senate: Constitutional reading dispensed
- 02/11/15 Senate: Referred to Committee on Rules
- 02/20/15 Senate: Reported from Rules (13-Y 0-N)
- 02/23/15 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/24/15 Senate: Read third time
- 02/24/15 Senate: Passed Senate (39-Y 0-N)
- 03/06/15 House: Enrolled
- 03/06/15 House: Bill text as passed House and Senate (HB1998ER)
- 03/06/15 House: Signed by Speaker
- 03/07/15 Senate: Signed by President
- 03/10/15 House: Enrolled Bill communicated to Governor on 3/10/15
- 03/10/15 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
- 03/27/15 Governor: Approved by Governor-Chapter 669 (effective 7/1/15)
- 03/27/15 Governor: Acts of Assembly Chapter text (CHAP0669)