IN SB0117 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 14 2014 - 100% progression
Action: 2014-03-14 - Public Law 22
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Bipartisan Bill
Status: Passed on March 14 2014 - 100% progression
Action: 2014-03-14 - Public Law 22
Text: Latest bill text (Enrolled) [PDF]
Summary
Provides that contributions posted to a public employees' retirement fund (PERF) or teachers' retirement fund (TRF) member's annuity savings account (ASA) after the final date on which the PERF or TRF member's retirement benefit is processed may be distributed to the member as determined by the rules of the board of trustees (board) of the Indiana public retirement system. Removes a requirement that these contributions be paid as a lump sum. Requires the board to obtain the member's consent to the form of the distribution if the amount exceeds $1,000.
Title
Lump sum payment of ASA contributions.
Sponsors
Roll Calls
2014-02-24 - House - House Floor - (Y: 97 N: 0 NV: 1 Abs: 2) [PASS]
2014-02-11 - House - House Committee on Employment, Labor and Pensions - Roll Call 011703 (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
2014-01-23 - Senate - Senate - Third reading: passed (Y: 47 N: 0 NV: 1 Abs: 2) [PASS]
2014-01-15 - Senate - Senate Committee on Pensions and Labor - Roll Call 011701 (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-11 - House - House Committee on Employment, Labor and Pensions - Roll Call 011703 (Y: 12 N: 0 NV: 0 Abs: 1) [PASS]
2014-01-23 - Senate - Senate - Third reading: passed (Y: 47 N: 0 NV: 1 Abs: 2) [PASS]
2014-01-15 - Senate - Senate Committee on Pensions and Labor - Roll Call 011701 (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2014-03-14 | Senate | Public Law 22 |
2014-03-14 | Senate | Signed by the Governor |
2014-03-05 | Senate | Signed by the President Pro Tempore |
2014-03-05 | Senate | Signed by the Speaker |
2014-02-24 | House | Returned to the Senate without amendments |
2014-02-24 | House | Third reading: Passed: Roll Call 248: yeas 97 and nays 0 |
2014-02-17 | House | Representative Porter added as cosponsor. |
2014-02-17 | House | Second reading: engrossed. |
2014-02-11 | House | Committee report: do pass, adopted. |
2014-02-04 | House | First Reading: Referred to Employment, Labor and Pensions |
2014-01-27 | Senate | Senator Randolph added as coauthor. |
2014-01-23 | Senate | Third reading: passed; Roll Call 28: yeas 47 and nays 0 |
2014-01-23 | Senate | Referred to the House |
2014-01-23 | Senate | Representative Frizzell added as sponsor. |
2014-01-21 | Senate | Senator Tallian added as third author. |
2014-01-21 | Senate | Senator Buck added as second author. |
2014-01-21 | Senate | Second reading: amended, ordered engrossed |
2014-01-21 | Senate | Amendment #1 (Young, M.), prevailed. |
2014-01-16 | Senate | Committee report: do pass, adopted. |
2014-01-08 | Senate | First Reading: Referred to Pensions and Labor |
2014-01-08 | Senate | Authored by R Michael Young |