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1999 SESSION
HB 1704 Retired state employees and teachers health insurance credit
Introduced by: V. Earl Dickinson | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Retired state employees, and teachers health insurance credit; health insurance program; deferred compensation program. Allows former state employees andteachers with at least 15 years of creditable service to receive the retiree health insurance credit if, after leaving state service, they worked for a local government which does not elect to provide a retiree health insurance credit. Persons who have been ineligible to receive the credit under the existing law, but would have been eligible if this measure had been in effect, may enroll within 180 days following this measure's effective date to receive the credit prospectively. The measure also allows any former state employee who is receiving VRS annuity payments and participating in the state retiree health benefits program on July 1, 1999, to elect to cease receiving the VRS annuity payments until reapplying for such benefits at a later date and to continue participating in the retiree health insurance program. Technical and clarifying changes are made to the provisions relating to the health insurance credit for state retirees. The bill also authorizes the Virginia Retirement System to establish a plan into which employers can make contributions to deferred compensation accounts. Effective January 1, 2000, the Commonwealth, political subdivisions participating in the VRS-administered deferred compensation plan, and sponsors of a plan established under § 403 (b) of the Internal Revenue Code shall transfer funds to the institution holding investments under the plan. The amounts credited to accounts of participants in the deferred compensation plan shall not exceed, on a semi-monthly basis, the lesser of $50 or 50 percent of the participants contribution, provided the employee is contributing at least $10 per pay period in the plan.
FULL TEXT
- 01/13/99 House: Presented & ordered printed 999482208 pdf
- 03/03/99 House: Bill text as passed House and Senate (HB1704ER) pdf
- 03/31/99 House: Governor's substitute printed 994115811-H1 pdf
- 04/07/99 House: Reenrolled bill text (HB1704ER2) pdf
- 04/14/99 Governor: Acts of Assembly Chapter text (CHAP0980) pdf
AMENDMENTS
HISTORY
- 01/13/99 House: Presented & ordered printed 999482208
- 01/13/99 House: Referred to Committee on Appropriations
- 02/02/99 House: Assigned to App. sub-committee: Compensation/Retirement
- 02/04/99 House: Reported from Appropriations (30-Y 0-N)
- 02/05/99 House: Read first time
- 02/06/99 House: Read second time and engrossed
- 02/07/99 House: Read third time and passed House (Block Vote) (100-Y 0-N)
- 02/07/99 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
- 02/07/99 House: Communicated to Senate
- 02/08/99 Senate: Constitutional reading dispensed
- 02/08/99 Senate: Referred to Committee on Finance
- 02/16/99 Senate: Reported from Finance with amendment (17-Y 0-N)
- 02/17/99 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/17/99 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/18/99 Senate: Read third time
- 02/18/99 Senate: Reading of amendment waived
- 02/18/99 Senate: Committee amendment rejected
- 02/18/99 Senate: Reading of amendments waived
- 02/18/99 Senate: Amendments by Sen. Mims agreed to
- 02/18/99 Senate: Engrossed by Senate as amended
- 02/18/99 Senate: Passed Senate with amendments (40-Y 0-N)
- 02/18/99 Senate: VOTE: PASSAGE R (40-Y 0-N)
- 02/19/99 House: Placed on Calendar
- 02/22/99 House: Passed by for the day
- 02/23/99 House: Senate amendments agreed to by House (93-Y 1-N)
- 02/23/99 House: VOTE: ADOPTION (93-Y 1-N)
- 03/03/99 House: Bill text as passed House and Senate (HB1704ER)
- 03/08/99 House: Enrolled
- 03/08/99 House: Signed by Speaker
- 03/09/99 Senate: Signed by President
- 03/29/99 House: Governor's recommendation received by House
- 03/31/99 House: Governor's substitute printed 994115811-H1
- 04/07/99 House: Placed on Calendar
- 04/07/99 House: House concurred in Gov. recomm. (Block Vote) (99-Y 0-N)
- 04/07/99 House: VOTE: BLOCK VOTE-ADOPTION (99-Y 0-N)
- 04/07/99 Senate: Senate concurred in Gov's recommendation (40-Y 0-N)
- 04/07/99 Senate: VOTE: (40-Y 0-N)
- 04/07/99 Senate: Rec. of Gov's recommendation agreed to (40-Y 0-N)
- 04/07/99 Senate: VOTE: (40-Y 0-N)
- 04/07/99 Senate: Senate concurred in Gov's recommendation (40-Y 0-N)
- 04/07/99 Senate: VOTE: (40-Y 0-N)
- 04/07/99 Governor: Governor's recommendation adopted
- 04/07/99 Governor: Amended as sub. by Gov's recommendation 994115811-H1
- 04/07/99 House: Reenrolled
- 04/07/99 House: Signed by Speaker as reenrolled
- 04/07/99 Senate: Signed by President as reenrolled
- 04/07/99 House: Enacted, Chapter 980 (effective-see bill)
- 04/07/99 House: Reenrolled bill text (HB1704ER2)
- 04/14/99 Governor: Acts of Assembly Chapter text (CHAP0980)