Virginia House Bill 2431 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]

My Virginia Plan Program; multiple employer plan for My Virginia Plan Program; multiple employer plan for private employers and their employees. Establishes the My Virginia Plan Board (the Board) and directs the Board to create the My Virginia Plan Program (the Program) to allow employees of private employers in the Commonwealth to contribute to a defined contribution retirement plan overseen by the Board. The bill requires all self-employed individuals, sole proprietors, and nongovernmental employers to allow their employees to participate in the Program, but exempts such employers from doing so if they offer a substitute retirement plan, defined in the bill. The bill authorizes the Board to contract

My Virginia Plan Program; multiple employer plan for private employers and their employees.

Del. Luke Torian [D]

2019-01-29 - House - House: Subcommittee recommends laying on the table (7-Y 0-N) (Y: 7 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2019-02-05	House	Left in Commerce and Labor
2019-01-29	House	Subcommittee recommends laying on the table (7-Y 0-N)
2019-01-15	House	Assigned C & L sub: Subcommittee #1
2019-01-08	House	Referred to Committee on Commerce and Labor
2019-01-08	House	Prefiled and ordered printed; offered 01/09/19 19103883D

Chapter	Article	Section	Citation Type	Statute Text
2	2	2491	(n/a)	See Bill Text
2	2	2499	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2431
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2431+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H1401V0015+HB2431