VA SB385 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2014 - 25% progression, died in chamber
Action: 2014-02-04 - Stricken at request of Patron in Finance (11-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Retirement System and local government retirement systems; investments. Authorizes the Virginia Retirement System and any local government retirement system to purchase investment grade life insurance policies and annuity policies on their members or retirees, provided that (i) the applicable retirement system offers a monetary benefit to a beneficiary selected by the member or retiree and (ii) the member or retiree consents to such retirement system having an insurable interest in him.

Tracking Information

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Title

Virginia Retirement System and local government retirement systems; investments.

Sponsors


Roll Calls

2014-02-04 - Senate - Senate: Stricken at request of Patron in Finance (11-Y 0-N) (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-02-04SenateStricken at request of Patron in Finance (11-Y 0-N)
2014-01-07SenateReferred to Committee on Finance
2014-01-07SenatePrefiled and ordered printed; offered 01/08/14 14102516D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
511124.30(n/a)See Bill Text
511803(n/a)See Bill Text

Virginia State Sources


Bill Comments

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