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2015 SESSION

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SB 1162 Hybrid retirement program; disclosure of services, etc., associated with voluntary contributions.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Hybrid retirement program; school division deferred compensation and cash match plans. Allows school divisions the option of establishing and administering their own deferred compensation and cash match plans for the hybrid retirement program. Employees of such school divisions would have the option of participating in such programs. The bill has a delayed effective date of January 1, 2016. This bill is identical to HB 2178.

FULL TEXT

• 01/13/15  Senate: Prefiled and ordered printed; offered 01/14/15 15103535D  pdf | impact statement
• 02/04/15  Senate: Committee substitute printed 15104576D-S1  pdf | impact statement
• 02/11/15  House: Committee substitute printed 15105033D-H1  pdf | impact statement
• 02/20/15  Senate: Bill text as passed Senate and House (SB1162ER)  pdf | impact statement
• 03/23/15  Governor: Acts of Assembly Chapter text (CHAP0538)  pdf

HISTORY

• 01/13/15  Senate: Prefiled and ordered printed; offered 01/14/15 15103535D
• 01/13/15  Senate: Referred to Committee on Finance
• 02/04/15  Senate: Reported from Finance with substitute (14-Y 0-N)
• 02/04/15  Senate: Committee substitute printed 15104576D-S1
• 02/05/15  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/06/15  Senate: Read second time
• 02/06/15  Senate: Reading of substitute waived
• 02/06/15  Senate: Committee substitute agreed to 15104576D-S1
• 02/06/15  Senate: Engrossed by Senate - committee substitute SB1162S1
• 02/06/15  Senate: Constitutional reading dispensed (38-Y 0-N)
• 02/06/15  Senate: Passed Senate (37-Y 0-N)
• 02/10/15  House: Placed on Calendar
• 02/10/15  House: Read first time
• 02/10/15  House: Referred to Committee on Appropriations
• 02/11/15  House: Reported from Appropriations with substitute (22-Y 0-N)
• 02/11/15  House: Committee substitute printed 15105033D-H1
• 02/12/15  House: Read second time
• 02/13/15  House: Read third time
• 02/13/15  House: Committee substitute agreed to 15105033D-H1
• 02/13/15  House: Engrossed by House - committee substitute SB1162H1
• 02/13/15  House: Passed House with substitute (95-Y 1-N)
• 02/13/15  House: VOTE: PASSAGE (95-Y 1-N)
• 02/17/15  Senate: House substitute agreed to by Senate (37-Y 0-N)
• 02/17/15  Senate: Title replaced 15105033D-H1
• 02/20/15  Senate: Enrolled
• 02/20/15  Senate: Bill text as passed Senate and House (SB1162ER)
• 02/20/15  House: Signed by Speaker
• 02/23/15  Senate: Signed by President
• 02/24/15  Senate: Enrolled Bill Communicated to Governor on 2/24/15
• 02/24/15  Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
• 03/23/15  Governor: Approved by Governor-Chapter 538 (effective - see bill)
• 03/23/15  Governor: Acts of Assembly Chapter text (CHAP0538)