MD HB304 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 4 2017 - 100% progression
Action: 2017-05-04 - Approved by the Governor - Chapter 527
Text: Latest bill text (Chaptered) [PDF]

Summary

Repealing a requirement that annuity contracts purchased under the optional retirement program shall be issued to and become the property of participating employees of the program; clarifying that the rights of participating employees who purchase annuity contracts under the program are fully vested and not subject to forfeit; authorizing a participating employee in the optional retirement program to select specified annuity contracts for the transfer of existing balances; applying the Act prospectively; etc.

Tracking Information

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Title

Optional Retirement Program - Annuity Contracts - Employee Rights

Sponsors


Roll Calls

2017-04-01 - House - House Floor - Third Reading Passed (137-0) (Y: 137 N: 0 NV: 1 Abs: 3) [PASS]
2017-03-30 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2017-03-12 - House - House Floor - Third Reading Passed (140-0) (Y: 140 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2017-05-04HouseApproved by the Governor - Chapter 527
2017-04-08HousePassed Enrolled
2017-04-08HouseThird Reading Passed (137-0)
2017-04-08HouseHouse Concur - Senate Amendments
2017-04-05SenateThird Reading Passed with Amendments (47-0)
2017-04-04SenateSecond Reading Passed with Amendments
2017-04-04SenateFavorable with Amendments {249335/1 Report Adopted
2017-04-04SenateFavorable with Amendments Report by Budget and Taxation
2017-03-30SenateHearing 3/30 at 9:00 a.m.
2017-03-29SenateHearing canceled
2017-03-30SenateHearing 3/30 at 8:30 a.m.
2017-03-16SenateFirst Reading Budget and Taxation
2017-03-15HouseThird Reading Passed (140-0)
2017-03-13HouseSecond Reading Passed with Amendments
2017-03-13HouseFavorable with Amendments {524766/1 Report Adopted
2017-03-10HouseFavorable with Amendments Report by Appropriations
2017-02-28HouseHearing 2/28 at 1:00 p.m.
2017-02-08HouseHearing canceled
2017-02-21HouseHearing 2/21 at 1:00 p.m.
2017-01-25HouseFirst Reading Appropriations

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0304?ys=2017rs
Texthttps://mgaleg.maryland.gov/2017RS/bills/hb/hb0304f.pdf
Texthttps://mgaleg.maryland.gov/2017RS/bills/hb/hb0304t.pdf
Texthttps://mgaleg.maryland.gov/2017RS/bills/hb/hb0304e.pdf
Texthttps://mgaleg.maryland.gov/2017RS/Chapters_noln/CH_527_hb0304e.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0004/hb0304_52476601.pdf
Amendmenthttps://mgaleg.maryland.gov/2017RS/amds/bil_0004/hb0304_24933501.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/fnotes/bil_0004/hb0304.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/votes_comm/hb0304_app.pdf
Supplementhttps://mgaleg.maryland.gov/2017RS/votes_comm/hb0304_b&t.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0304,h-0502&stab=02&ys=2017RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0304,s-1146&stab=02&ys=2017RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb0304,h-1382&stab=02&ys=2017RS

Bill Comments

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