summary
Introduced
01/24/2019
01/24/2019
In Committee
04/25/2019
04/25/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation relative to the 401(k) CORE program. State Administration and Regulatory Oversight.
AI Summary
This bill amends the existing law to allow the state treasurer to adopt annual and supplementary budgets for the deferred compensation program, which can include salaries for treasury employees working on the program. It also removes the limit on the number of persons that can be employed for the 401(k) CORE program. Additionally, the bill authorizes the state treasurer to seek private donations or grants to reduce the operating expenses of the 401(k) CORE plan.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Accompanied H36 (on 07/29/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/S2268 |
Bill | https://malegislature.gov/Bills/191/S2268.pdf |
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