VA HB1768 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 20 2017 - 100% progression
Action: 2017-03-20 - Governor: Acts of Assembly Chapter text (CHAP0639)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 20 2017 - 100% progression
Action: 2017-03-20 - Governor: Acts of Assembly Chapter text (CHAP0639)
Text: Latest bill text (Chaptered) [HTML]
Summary
Virginia Retirement System; stress testing and reporting policies. Requires the Virginia Retirement System (VRS) to formally adopt stress testing and additional reporting policies. The bill requires VRS to analyze and regularly report on projections of benefit levels, pension costs, liabilities, and debt reduction under various scenarios; to provide a detailed online statement of investment policy and include investment performance data in certain timeframes up to 25 years; and to report investment performance and expenses such as carried interest fees.
Title
Virginia Retirement System; stress testing and reporting policies.
Sponsors
Roll Calls
2017-02-17 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2017-02-15 - Senate - Senate: Reported from Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-03 - House - House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (Y: 95 N: 0 NV: 4 Abs: 0) [PASS]
2017-01-30 - House - House: Reported from Appropriations with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-26 - House - House: Subcommittee recommends reporting with substitute (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-16 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2017-02-15 - Senate - Senate: Reported from Finance (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]
2017-02-03 - House - House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (Y: 95 N: 0 NV: 4 Abs: 0) [PASS]
2017-01-30 - House - House: Reported from Appropriations with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2017-01-26 - House - House: Subcommittee recommends reporting with substitute (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-20 | Governor: Acts of Assembly Chapter text (CHAP0639) | |
| 2017-03-20 | Governor: Approved by Governor-Chapter 639 (effective 7/1/17) | |
| 2017-02-21 | Governor: Governor's Action Deadline Midnight, March 27, 2017 | |
| 2017-02-21 | House | Enrolled Bill communicated to Governor on 2/21/17 |
| 2017-02-21 | House | Bill text as passed House and Senate (HB1768ER) |
| 2017-02-21 | Senate | Signed by President |
| 2017-02-21 | House | Signed by Speaker |
| 2017-02-21 | House | Enrolled |
| 2017-02-17 | Senate | Passed Senate (40-Y 0-N) |
| 2017-02-17 | Senate | Read third time |
| 2017-02-16 | Senate | Constitutional reading dispensed (39-Y 0-N) |
| 2017-02-15 | Senate | Reported from Finance (16-Y 0-N) |
| 2017-02-06 | Senate | Referred to Committee on Finance |
| 2017-02-06 | Senate | Constitutional reading dispensed |
| 2017-02-03 | House | VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) |
| 2017-02-03 | House | Read third time and passed House BLOCK VOTE (95-Y 0-N) |
| 2017-02-02 | House | Engrossed by House - committee substitute HB1768H1 |
| 2017-02-02 | House | Committee substitute agreed to 17104819D-H1 |
| 2017-02-02 | House | Read second time |
| 2017-02-01 | House | Read first time |
| 2017-01-30 | House | Committee substitute printed 17104819D-H1 |
| 2017-01-30 | House | Reported from Appropriations with substitute (22-Y 0-N) |
| 2017-01-26 | House | Subcommittee recommends reporting with substitute (7-Y 0-N) |
| 2017-01-12 | House | Assigned App. sub: Compensation and Retirement |
| 2017-01-09 | House | Referred to Committee on Appropriations |
| 2017-01-09 | House | Prefiled and ordered printed; offered 01/11/17 17103354D |
