Higher educational institutions; maintenance of optional retirement plan. (HB700)
Introduced By
Del. Riley Ingram (R-Hopewell) with support from co-patron Sen. Roz Dance (D-Petersburg)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Optional retirement plans maintained by institution of higher education. Allows the governing board of an institution of higher education that has established its own optional retirement plan to establish a policy regarding the number of years of service that an employee must perform before being entitled to receive all contributions made by the institution on his behalf to the plan. The policy would only apply to employees hired on or after July 1, 2014, who are not in continuous service at the time of hiring. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/07/2014 | Committee |
01/07/2014 | Prefiled and ordered printed; offered 01/08/14 14102074D |
01/07/2014 | Referred to Committee on Appropriations |
01/13/2014 | Impact statement from DPB (HB700) |
01/27/2014 | Assigned App. sub: Compensation and Retirement |
02/06/2014 | Subcommittee recommends reporting (6-Y 0-N) |
02/07/2014 | Reported from Appropriations (21-Y 0-N) (see vote tally) |
02/08/2014 | Read first time |
02/10/2014 | Read second time and engrossed |
02/11/2014 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/11/2014 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/12/2014 | Constitutional reading dispensed |
02/12/2014 | Referred to Committee on Finance |
02/26/2014 | Reported from Finance with amendment (17-Y 0-N) (see vote tally) |
02/27/2014 | Constitutional reading dispensed (39-Y 0-N) |
02/28/2014 | Read third time |
02/28/2014 | Reading of amendment waived |
02/28/2014 | Committee amendment agreed to |
02/28/2014 | Engrossed by Senate as amended |
02/28/2014 | Passed Senate with amendment(40-Y 0-N) |
03/03/2014 | Placed on Calendar |
03/04/2014 | Senate amendment agreed to by House (100-Y 0-N) |
03/04/2014 | VOTE: ADOPTION (100-Y 0-N) (see vote tally) |
03/06/2014 | Enrolled |
03/06/2014 | Bill text as passed House and Senate (HB700ER) |
03/06/2014 | Signed by Speaker |
03/07/2014 | Impact statement from DPB (HB700ER) |
03/09/2014 | Signed by President |
04/07/2014 | G Approved by Governor-Chapter 764 (effective 7/1/14) |
04/07/2014 | G Acts of Assembly Chapter text (CHAP0764) |