VA SB422 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on February 7 2014 - 50% progression, died in committee
Action: 2014-12-04 - Left in Finance
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

Hybrid retirement program; local deferred compensation and cash match plans. Allows political subdivisions 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. The bill also states that state or local entities are not liable for loss.

Tracking Information

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Title

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

Sponsors


Roll Calls

2014-02-11 - Senate - Senate: Motion to recommit to committee agreed to (22-Y 18-N) (Y: 22 N: 18 NV: 0 Abs: 0) [PASS]
2014-02-11 - Senate - Senate: Previous question, not ordered (18-Y 22-N) (Y: 18 N: 22 NV: 0 Abs: 0) [FAIL]
2014-02-06 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-05 - Senate - Senate: Reported from Finance with substitute (15-Y 2-N) (Y: 15 N: 2 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-12-04SenateLeft in Finance
2014-02-11SenateContinued to 2015 in Finance
2014-02-11SenatePursuant to Senate Rule 20g
2014-02-11SenateRecommitted to Finance
2014-02-11SenateMotion to recommit to committee agreed to (22-Y 18-N)
2014-02-11SenatePrevious question, not ordered (18-Y 22-N)
2014-02-10SenatePassed by for the day
2014-02-07SenateEngrossed by Senate - committee substitute SB422S1
2014-02-07SenateCommittee substitute agreed to 14104769D-S1
2014-02-07SenateReading of substitute waived
2014-02-07SenateRead second time
2014-02-06SenateConstitutional reading dispensed (40-Y 0-N)
2014-02-05SenateCommittee substitute printed 14104769D-S1
2014-02-05SenateReported from Finance with substitute (15-Y 2-N)
2014-01-07SenateReferred to Committee on Finance
2014-01-07SenatePrefiled and ordered printed; offered 01/08/14 14103389D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
511169(n/a)See Bill Text
511600(n/a)See Bill Text
511603(n/a)See Bill Text
511603.1(n/a)See Bill Text
511607(n/a)See Bill Text
511610(n/a)See Bill Text
511611(n/a)See Bill Text

Virginia State Sources


Bill Comments

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