Benefits consortium; created for private institutions of higher education. (HB3021)
Introduced By
Del. Phil Hamilton (R-Newport News)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Private institutions of higher education benefits consortium. Authorizes five or more private educational institutions to form a benefits consortium for the purpose of establishing a self-funded employee welfare benefit plan. The benefits consortium will be a nonstock corporation that will operate a benefits plan to be governed by and subject to the provisions of the federal Employee Retirement Income Security Act of 1974. The benefits consortium will be exempt from taxation and from insurance regulations. Read the Bill »
Status
03/08/2007: signed by governor
History
Date | Action |
---|---|
01/10/2007 | Committee |
01/10/2007 | Presented and ordered printed 072352316 |
01/10/2007 | Referred to Committee on Education |
01/11/2007 | Presented and ordered printed 072352316 |
01/11/2007 | Referred to Committee on Education |
01/18/2007 | Assigned Education sub: Higher Education (Rust) |
01/30/2007 | Read first time |
01/31/2007 | Read second time and engrossed |
02/01/2007 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/01/2007 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/01/2007 | Communicated to Senate |
02/02/2007 | Constitutional reading dispensed |
02/02/2007 | Referred to Committee on Education and Health |
02/09/2007 | Constitutional reading dispensed (39-Y 0-N) |
02/09/2007 | VOTE: (39-Y 0-N) (see vote tally) |
02/12/2007 | Read third time |
02/12/2007 | Passed Senate (40-Y 0-N) |
02/12/2007 | VOTE: (40-Y 0-N) (see vote tally) |
02/16/2007 | Enrolled |
02/16/2007 | Bill text as passed House and Senate (HB3021ER) |
02/16/2007 | Signed by Speaker |
02/19/2007 | Signed by President |
03/08/2007 | G Approved by Governor-Chapter 136 (effective 7/1/07) |
03/14/2007 | G Acts of Assembly Chapter text (CHAP0136) |