GA SB55 | 2019-2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on May 7 2019 - 100% progression
Action: 2019-07-01 - Effective Date
Text: Latest bill text (Engrossed) [PDF]

Summary

A BILL to be entitled an Act to amend Article 3 of Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to employee and employer contributions and creation of funds for contributions, benefits, and administrative expenses, so as to revise the method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; to authorize the board of trustees to offer a supplemental guaranteed lifetime annuity to certain retired members purchased by transfer of funds from the state sponsored deferred compensation plans; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Retirement; method and manner by which a member of the Employees' Retirement System of Georgia may purchase an annuity; revise

Sponsors


Roll Calls

2019-03-21 - House - House Vote #259 (Y: 171 N: 0 NV: 2 Abs: 6) [PASS]
2019-02-20 - Senate - Senate Vote #38 (Y: 50 N: 2 NV: 2 Abs: 2) [PASS]

History

DateChamberAction
2019-07-01 Effective Date
2019-05-07 Act 256
2019-05-07SenateSenate Date Signed by Governor
2019-04-05SenateSenate Sent to Governor
2019-03-21HouseHouse Passed/Adopted
2019-03-21HouseHouse Third Readers
2019-03-13HouseHouse Committee Favorably Reported
2019-02-22HouseHouse Second Readers
2019-02-21HouseHouse First Readers
2019-02-20SenateSenate Passed/Adopted
2019-02-20SenateSenate Third Read
2019-02-15SenateSenate Read Second Time
2019-02-14SenateSenate Committee Favorably Reported
2019-02-06SenateSenate Read and Referred
2019-02-05SenateSenate Hopper

Georgia State Sources


Bill Comments

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