Virginia Retirement System; deferred compensation for local employees. (HB792)

Introduced By

Del. Bob Tata (R-Virginia Beach)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Retirement System; deferred compensation for local employees.  Permits localities that choose to allow employees to participate in the deferred compensation plan to require new employees to join the plan on an opt-out basis. Read the Bill »


Bill Has Passed


01/11/2012Prefiled and ordered printed; offered 01/11/12 12100564D
01/11/2012Referred to Committee on Appropriations
01/16/2012Impact statement from VRS (HB792)
01/16/2012Assigned App. sub: Compensation and Retirement
01/19/2012Subcommittee recommends reporting with amendment(s) (8-Y 0-N)
01/23/2012Reported from Appropriations with substitute (21-Y 0-N) (see vote tally)
01/23/2012Committee substitute printed 12104585D-H1
01/25/2012Read first time
01/26/2012Read second time
01/26/2012Committee substitute agreed to 12104585D-H1
01/26/2012Engrossed by House - committee substitute HB792H1
01/27/2012Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/27/2012VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
01/30/2012Constitutional reading dispensed
01/30/2012Referred to Committee on Finance
01/30/2012Impact statement from VRS (HB792H1)
02/21/2012Committee substitute printed 12105481D-S1
02/21/2012Reported from Finance with substitute (15-Y 0-N) (see vote tally)
02/22/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/23/2012Read third time
02/23/2012Reading of substitute waived
02/23/2012Committee substitute agreed to 12105481D-S1
02/23/2012Engrossed by Senate - committee substitute HB792S1
02/23/2012Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/24/2012Placed on Calendar
02/24/2012Impact statement from VRS (HB792S1)
02/27/2012Senate substitute agreed to by House 12105481D-S1 (98-Y 0-N)
02/27/2012VOTE: ADOPTION (98-Y 0-N) (see vote tally)
03/02/2012Bill text as passed House and Senate (HB792ER)
03/02/2012Impact statement from VRS (HB792ER)
03/02/2012Signed by Speaker
03/05/2012Signed by President
04/06/2012G Approved by Governor-Chapter 660 (effective 7/1/12)
04/06/2012G Acts of Assembly Chapter text (CHAP0660)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.