Trusts, state and local; created to fund costs for providing postemployment public benefits. (SB1355)
Introduced By
Sen. Frank Wagner (R-Virginia Beach)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
√ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
State and local trusts for providing postemployment public benefits. Creates trusts or equivalent arrangements to fund the costs of providing postemployment benefits other than pensions for the Commonwealth and for counties, cities, towns, school divisions, and other political subdivisions of the Commonwealth. Amends § 51.1-124.31 (“Pooling of assets for investment.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
View Bill's History
