Virginia Retirement System; revocation of participation by Town of Damascus. (SB1173)

Introduced By

Sen. Bill Carrico (R-Grayson)

Progress

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

Description

Virginia Retirement System; revocation of participation of political subdivision. Allows a political subdivision that has not made retirement contributions on behalf of its employees to the Virginia Retirement System for 25 or more consecutive years to revoke its agreement to participate in the Retirement System. This is an exception to the general rule that election to participate in the Retirement System is irrevocable. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/13/2015Prefiled and ordered printed; offered 01/14/15 15102440D
01/13/2015Referred to Committee on Finance
01/23/2015Impact statement from VRS (SB1173)
01/28/2015Reported from Finance with substitute (14-Y 0-N) (see vote tally)
01/28/2015Committee substitute printed 15104429D-S1
01/29/2015Constitutional reading dispensed (39-Y 0-N) (see vote tally)
01/30/2015Read second time
01/30/2015Reading of substitute waived
01/30/2015Committee substitute agreed to 15104429D-S1
01/30/2015Engrossed by Senate - committee substitute SB1173S1
02/02/2015Read third time and passed Senate (37-Y 0-N) (see vote tally)
02/02/2015Reconsideration of passage agreed to by Senate (37-Y 0-N) (see vote tally)
02/02/2015Passed Senate (38-Y 0-N) (see vote tally)
02/04/2015Impact statement from VRS (SB1173S1)
02/06/2015Placed on Calendar
02/06/2015Read first time
02/06/2015Referred to Committee on Appropriations
02/09/2015Assigned App. sub: Compensation and Retirement
02/11/2015Reported from Appropriations (22-Y 0-N) (see vote tally)
02/12/2015Read second time
02/13/2015Read third time
02/13/2015Passed House BLOCK VOTE (97-Y 0-N)
02/13/2015VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/17/2015Enrolled
02/17/2015Bill text as passed Senate and House (SB1173ER)
02/17/2015Signed by Speaker
02/19/2015Impact statement from VRS (SB1173ER)
02/20/2015Signed by President
02/23/2015G Governor's Action Deadline Midnight, Monday, March 30, 2015
02/23/2015Enrolled Bill Communicated to Governor on 2/23/15
02/23/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/23/2015G Approved by Governor-Chapter 527 (effective 7/1/15)
03/23/2015G Acts of Assembly Chapter text (CHAP0527)

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 35 seconds.