MD HB304 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 4 2017 - 100% progression
Action: 2017-05-04 - Approved by the Governor - Chapter 527
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 4 2017 - 100% progression
Action: 2017-05-04 - Approved by the Governor - Chapter 527
Text: Latest bill text (Chaptered) [PDF]
Summary
Repealing a requirement that annuity contracts purchased under the optional retirement program shall be issued to and become the property of participating employees of the program; clarifying that the rights of participating employees who purchase annuity contracts under the program are fully vested and not subject to forfeit; authorizing a participating employee in the optional retirement program to select specified annuity contracts for the transfer of existing balances; applying the Act prospectively; etc.
Title
Optional Retirement Program - Annuity Contracts - Employee Rights
Sponsors
Del. Ben Barnes [D] |
Roll Calls
2017-04-01 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2017-03-30 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2017-03-12 - House - House Floor - Third Reading Passed (140-0) (Y: 140 N: 0 NV: 0 Abs: 1) [PASS]
2017-03-30 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2017-03-12 - House - House Floor - Third Reading Passed (140-0) (Y: 140 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2017-05-04 | House | Approved by the Governor - Chapter 527 |
2017-04-08 | House | Passed Enrolled |
2017-04-08 | House | Third Reading Passed (137-0) |
2017-04-08 | House | House Concur - Senate Amendments |
2017-04-05 | Senate | Third Reading Passed with Amendments (47-0) |
2017-04-04 | Senate | Second Reading Passed with Amendments |
2017-04-04 | Senate | Favorable with Amendments {249335/1 Report Adopted |
2017-04-04 | Senate | Favorable with Amendments Report by Budget and Taxation |
2017-03-30 | Senate | Hearing 3/30 at 9:00 a.m. |
2017-03-29 | Senate | Hearing canceled |
2017-03-30 | Senate | Hearing 3/30 at 8:30 a.m. |
2017-03-16 | Senate | First Reading Budget and Taxation |
2017-03-15 | House | Third Reading Passed (140-0) |
2017-03-13 | House | Second Reading Passed with Amendments |
2017-03-13 | House | Favorable with Amendments {524766/1 Report Adopted |
2017-03-10 | House | Favorable with Amendments Report by Appropriations |
2017-02-28 | House | Hearing 2/28 at 1:00 p.m. |
2017-02-08 | House | Hearing canceled |
2017-02-21 | House | Hearing 2/21 at 1:00 p.m. |
2017-01-25 | House | First Reading Appropriations |
Subjects
Contracts
Federal Government
Forfeiture
Income Tax
Retirement Systems
Salaries and Compensation
State Pensions and Retirement
Federal Government
Forfeiture
Income Tax
Retirement Systems
Salaries and Compensation
State Pensions and Retirement