State and local employees; deferred compensation plans. (SB188)

Introduced By

Sen. Ryan McDougle (R-Mechanicsville)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Deferred compensation plans for state and local employees. Authorizes the inclusion of a Roth contribution program in deferred compensation retirement plans for state and local government employees beginning July 1, 2015. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/02/2014Prefiled and ordered printed; offered 01/08/14 14101951D
01/02/2014Referred to Committee on Finance
01/21/2014Impact statement from VRS (SB188)
01/23/2014Impact statement from VRS (SB188)
02/04/2014Reported from Finance (17-Y 0-N) (see vote tally)
02/05/2014Constitutional reading dispensed (40-Y 0-N)
02/06/2014Read second time and engrossed
02/07/2014Read third time and passed Senate (40-Y 0-N)
02/12/2014Placed on Calendar
02/12/2014Read first time
02/12/2014Referred to Committee on Appropriations
02/17/2014Assigned App. sub: Compensation and Retirement
02/27/2014Subcommittee recommends reporting (7-Y 0-N)
03/03/2014Reported from Appropriations (22-Y 0-N) (see vote tally)
03/05/2014Read second time
03/06/2014Read third time
03/06/2014Passed House BLOCK VOTE (100-Y 0-N)
03/06/2014VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
03/07/2014Enrolled
03/07/2014Bill text as passed Senate and House (SB188ER)
03/07/2014Impact statement from VRS (SB188ER)
03/07/2014Signed by Speaker
03/10/2014Signed by President
04/07/2014G Approved by Governor-Chapter 747 (effective 7/1/15)
04/07/2014G Acts of Assembly Chapter text (CHAP0747)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 55 seconds.