Virginia House Bill 877 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on February 10 2014 - 50% progression, died in committee
Action: 2014-02-26 - Continued to 2015 in Finance (13-Y 4-N)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Hybrid retirement program; school division deferred compensation and cash match plans. Allows school divisions the option of establishing and administering their own deferred compensation and cash match plans if they elect not to participate in those plans administered by the Board of Trustees of the Virginia Retirement System for the hybrid retirement program. This choice would be made on an annual basis. The bill also states that state or local entities are not liable for loss. The bill has a delayed effective date of January 1, 2015.

Hybrid retirement program; local deferred compensation and cash match plans.

Del. Chris Jones [R]

2014-02-26 - Senate - Senate: Continued to 2015 in Finance (13-Y 4-N) (Y: 13 N: 4 NV: 0 Abs: 0) [PASS]
2014-02-11 - House - House: VOTE: PASSAGE (97-Y 2-N) (Y: 99 N: 2 NV: 0 Abs: 0) [PASS]
2014-02-07 - House - House: Reported from Appropriations with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]
2014-02-06 - House - House: Subcommittee recommends reporting with amendment(s) (6-Y 0-N) (Y: 6 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2014-02-26	Senate	Continued to 2015 in Finance (13-Y 4-N)
2014-02-12	Senate	Referred to Committee on Finance
2014-02-12	Senate	Constitutional reading dispensed
2014-02-11	House	VOTE: PASSAGE (97-Y 2-N)
2014-02-11	House	Read third time and passed House (97-Y 2-N)
2014-02-10	House	Engrossed by House - committee substitute HB877H1
2014-02-10	House	Committee substitute agreed to 14104882D-H1
2014-02-10	House	Read second time
2014-02-08	House	Read first time
2014-02-07	House	Committee substitute printed 14104882D-H1
2014-02-07	House	Reported from Appropriations with substitute (21-Y 0-N)
2014-02-06	House	Subcommittee recommends reporting with amendment(s) (6-Y 0-N)
2014-01-27	House	Assigned App. sub: Compensation and Retirement
2014-01-08	House	Referred to Committee on Appropriations
2014-01-08	House	Prefiled and ordered printed; offered 01/08/14 14103476D

Chapter	Article	Section	Citation Type	Statute Text
51	1	169	(n/a)	See Bill Text
51	1	600	(n/a)	See Bill Text
51	1	603	(n/a)	See Bill Text
51	1	603.1	(n/a)	See Bill Text
51	1	607	(n/a)	See Bill Text
51	1	610	(n/a)	See Bill Text
51	1	611	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?141+sum+HB877
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+HB877+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+HB877H1+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+H0202V0016+HB0877
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+H02V0055+HB0877
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+HV0698+HB0877
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+S05V0218+HB0877