Bill Summary

HB 599 Publicly-Funded Defined Benefit Retirement Plans (2013 Session)
Publicly Funded Defined Benefit Retirement Plans: Deletes requirement that required actuarial reports for retirement plans include disclosure of present value of plan's benefits; provides that state is not liable for shortfalls in local government retirement systems or plans; requires defined benefit system or plan to report certain information to DMS by certain date; requires plan sponsor to make certain information available on certain websites; provides consequences for failure to timely submit required information; provides method for plan sponsor to request hearing to contest such consequences; requires department to provide fact sheet specifying certain information; provides declaration of important state interest. Effective Date: July 1, 2013
02/05/13
HOUSE 
Filed
02/12/13
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Referred to Government Operations Subcommittee; Appropriations Committee; State Affairs Committee
02/12/13
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Now in Government Operations Subcommittee
02/13/13
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On Committee agenda - Government Operations Subcommittee, 02/20/13, 11:30 am, 212 K
02/20/13
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Favorable with CS by Government Operations Subcommittee; 8 Yeas, 3 Nays
02/25/13
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Committee Substitute Text (C1) Filed
03/01/13
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Now in Appropriations Committee
04/08/13
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On Committee agenda - Appropriations Committee, 04/10/13, 3:30 pm, 212 K
04/10/13
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Favorable with CS by Appropriations Committee; 14 Yeas, 12 Nays
04/11/13
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Committee Substitute Text (C2) Filed
04/12/13
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Now in State Affairs Committee
04/12/13
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On Committee agenda - State Affairs Committee, 04/16/13, 2:00 pm, 17 H
04/16/13
HOUSE 
Favorable by State Affairs Committee; 9 Yeas, 7 Nays
04/17/13
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Placed on Calendar, on 2nd reading
04/29/13
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Placed on Special Order Calendar for 04/30/13
04/30/13
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Read Second Time; Substituted for SB 0534; Laid on Table, Refer to SB 0534
0599
Filed on 02/05/13
PDF
Amendment 49579 DE
Filed on 02/19/13
Adopted
0599C1
Filed on 02/25/13
PDF
Amendment 788233
Filed on 04/09/13
Adopted
0599C2
Filed on 04/11/13
PDF
No amendments to this bill text filed.
112.63
112.66
112.664
112.665
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