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Bill > H35

MA H35

MA H35
Relative to the 401(k) CORE Plan

summary

Introduced
04/13/2021
In Committee
12/27/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

So much of the recommendations of the Department of the State Treasurer (House, No. 25) as relates to the 401(k) CORE Plan. State Administration and Regulatory Oversight.

AI Summary

This bill amends Section 64E of Chapter 29 of the Massachusetts General Laws to remove the requirement that the 401(k) CORE Plan be limited to employers with 20 or fewer employees. It also authorizes the state treasurer or their designee to seek to reduce operating expenses for the plan through private donations or grants, including direct and indirect fundraising.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (0)

No sponsors listed

Last Action

No further action taken (on 01/03/2023)
(13 Companion Bills)

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Document Type Source Location
State Bill Page https://malegislature.gov/Bills/192/H35
Bill https://malegislature.gov/Bills/192/H35.pdf
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