SB 328 - Georgia State Employee Savings Plan; deferred compensation plan; employer contribution; provide rules/regulations
Current Status
05/14/08 - Senate Date Signed by Governor First Reader Summary
A BILL to be entitled an Act to amend Chapter 2 of Title 47 of the Official Code of Georgia Annotated, relating to the Employees' Retirement System of Georgia, so as to provide a short title; to provide that persons who first or again become a member of such retirement system on or after July 1, 2008, shall have accounts in the state deferred compensation plan; to provide for an employer contribution; to provide for rules and regulations; to reduce the percent of a member's compensation used to calculate a retirement benefit from 2 percent to 1 percent; to provide for applicability; to provide conditions for an effective date and automatic repeal; to repeal conflicting laws; and for other purposes.
Votes
Electronically Recorded Votes| Date | Time | Vote No | Yeas | Nays | NV | Exc | Description |
|---|
| 03/11/2008 | 2:35PM | Senate Vote #717 | 037 | 015 | 003 | 001 | PASSAGE BY SUBSTITUTE |
| 04/02/2008 | 6:32PM | House Vote #1004 | 111 | 052 | 009 | 008 | PASS |
| 04/04/2008 | 4:51PM | Senate Vote #1007 | 040 | 001 | 009 | 006 | AGREE TO HOUSE SUBSTITUTE |
Status History
Bill History| Date | Action |
|---|
| 04/13/2007 | Senate Read and Referred |
| 03/05/2008 | Senate Committee Favorably Reported |
| 03/06/2008 | Senate Read Second Time |
| 03/11/2008 | Senate Third Read |
| 03/11/2008 | Senate Passed/Adopted |
| 03/12/2008 | House First Readers |
| 03/18/2008 | House Second Readers |
| 03/28/2008 | House Committee Favorably Reported |
| 04/02/2008 | House Third Readers |
| 04/02/2008 | House Passed/Adopted |
| 04/04/2008 | Senate Agrees House Amend or Sub |
| 04/21/2008 | Senate Sent to Governor |
| 05/14/2008 | Senate Date Signed by Governor |
| 05/14/2008 | Act 757 |
| 07/01/2008 | Effective Date |
