VA HB536 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 10 2020 - 100% progression
Action: 2020-03-10 - Governor: Acts of Assembly Chapter text (CHAP0245)
Text: Latest bill text (Chaptered) [HTML]

Summary

Virginia Retirement System; accidental death and dismemberment benefits; definitions. Changes the funding structure for the Virginia Retirement System's obligation to fund a savings trust account for higher education for a qualifying child of a VRS member who dies as a result of an accident caused by a felonious assault committed by other than an immediate family member. The bill requires VRS to contribute to such trust account an amount equal to the current average cost, as published by the State Council of Higher Education for Virginia, of four years of tuition and mandatory fees at baccalaureate public institutions of higher education in the Commonwealth. This requirement replaces VRS's obligation under current law to contribute to such trust account an amount equal to the full cost of a prepaid tuition contract. The bill also narrows use of the trust account to include only qualified higher education expenses to account for changes to § 529 of the Internal Revenue Code.

Tracking Information

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Title

Virginia Retirement System; accidental death and dismemberment benefits, definitions.

Sponsors


Roll Calls

2020-02-20 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-19 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2020-02-18 - Senate - Senate: Reported from Finance and Appropriations (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-28 - House - House: VOTE: (97-Y 0-N) (Y: 97 N: 0 NV: 3 Abs: 0) [PASS]
2020-01-22 - House - House: Reported from Appropriations (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-21 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-03-10 Governor: Acts of Assembly Chapter text (CHAP0245)
2020-03-10 Governor: Approved by Governor-Chapter 245 (effective 7/1/20)
2020-03-03 Governor: Governor's Action Deadline 11:59 p.m., March 10, 2020
2020-03-03HouseEnrolled Bill communicated to Governor on March 3, 2020
2020-02-26SenateSigned by President
2020-02-25HouseSigned by Speaker
2020-02-25HouseBill text as passed House and Senate (HB536ER)
2020-02-25HouseEnrolled
2020-02-20SenatePassed Senate (40-Y 0-N)
2020-02-20SenateRead third time
2020-02-19SenateConstitutional reading dispensed (39-Y 0-N)
2020-02-18SenateReported from Finance and Appropriations (11-Y 0-N)
2020-01-29SenateReferred to Committee on Finance and Appropriations
2020-01-29SenateConstitutional reading dispensed
2020-01-28HouseVOTE: (97-Y 0-N)
2020-01-28HouseRead third time and passed House BLOCK VOTE (97-Y 0-N)
2020-01-27HouseRead second time and engrossed
2020-01-24HouseRead first time
2020-01-22HouseReported from Appropriations (22-Y 0-N)
2020-01-21HouseSubcommittee recommends reporting (8-Y 0-N)
2020-01-14HouseAssigned App. sub: Compensation & General Government
2020-01-05HouseReferred to Committee on Appropriations
2020-01-05HousePrefiled and ordered printed; offered 01/08/20 20101039D

Same As/Similar To

SB109 (Same As) 2020-03-18 - Governor: Acts of Assembly Chapter text (CHAP0374)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
511500(n/a)See Bill Text
511505.01(n/a)See Bill Text

Virginia State Sources


Bill Comments

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