TN SB2251 | 2023-2024 | 113th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 3 2024 - 100% progression
Action: 2024-04-03 - Effective date(s) 03/27/2024
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 3 2024 - 100% progression
Action: 2024-04-03 - Effective date(s) 03/27/2024
Text: Latest bill text (Chaptered) [PDF]
Summary
As enacted, for purposes of the retirement system determining whether a certain payment is includable as earnable compensation, excludes from the definition of "earnable compensation" compensation paid to a member from an eligible deferred compensation plan under federal law; makes other revisions to laws governing deferred compensation plans. - Amends TCA Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36.
Title
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 25; Title 8, Chapter 34; Title 8, Chapter 35 and Title 8, Chapter 36, relative to deferred compensation.
Sponsors
Roll Calls
2024-02-26 - Senate - FLOOR VOTE: Motion to Adopt (Y: 32 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-20 - Senate - SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-20 - Senate - SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-03 | Effective date(s) 03/27/2024 | |
| 2024-04-03 | Pub. Ch. 605 | |
| 2024-03-27 | Senate | Signed by Governor. |
| 2024-03-15 | Senate | Transmitted to Governor for action. |
| 2024-03-14 | House | Signed by H. Speaker |
| 2024-03-13 | Senate | Signed by Senate Speaker |
| 2024-03-12 | Senate | Enrolled and ready for signatures |
| 2024-03-11 | House | Passed H., Ayes 94, Nays 0, PNV 2 |
| 2024-03-11 | House | Subst. for comp. HB. |
| 2024-02-29 | House | Rcvd. from S., held on H. desk. |
| 2024-02-26 | Senate | Passed Senate, Ayes 32, Nays 0 |
| 2024-02-26 | Senate | Engrossed; ready for transmission to House |
| 2024-02-23 | Senate | Placed on Senate Consent Calendar 2 for 2/26/2024 |
| 2024-02-20 | Senate | Recommended for passage, refer to Senate Calendar Committee |
| 2024-02-13 | Senate | Placed on Senate State and Local Government Committee calendar for 2/20/2024 |
| 2024-02-01 | Senate | Passed on Second Consideration, refer to Senate State and Local Government Committee |
| 2024-01-31 | Senate | Introduced, Passed on First Consideration |
| 2024-01-30 | Senate | Filed for introduction |
Same As/Similar To
HB2315 (Crossfiled) 2024-04-03 - Comp. became Pub. Ch. 605
