SB 857 Virginia Retirement System; administrative fees.
Walter A. Stosch | all patrons    ...    notes
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Summary as passed: (all summaries)
Virginia Retirement System; administrative fees. Provides that the Virginia Retirement System (VRS) may charge and collect administrative fees to pay its costs incurred in administrating and overseeing any retirement plan or service award fund other than the Virginia Retirement System, State Police Officers' Retirement System, Virginia Law Officers' Retirement, or the Judicial Retirement System. The bill also authorizes VRS to charge and collect from participating employers any penalties, interest, compliance fees, or other charges charged to VRS by the Internal Revenue Service or other regulatory body. Persons employed in teaching, administrative or research functions at institutions of higher education who are enrolled in an optional retirement plan may be charged with a reimbursement fee by their employer for purposes of recovering VRS charges for administrating and overseeing the optional retirement plan.

Full text:
01/08/03  Senate: Presented & ordered printed, prefiled 01/07/03 032228260  pdf | impact statement
01/22/03  Senate: Committee substitute printed 039077408-S1  pdf | impact statement
02/26/03  Senate: Bill text as passed Senate and House (SB857ER)  pdf | impact statement
03/27/03  Governor: Acts of Assembly Chapter text (CHAP0626)  pdf

Status:
01/08/03  Senate: Presented & ordered printed, prefiled 01/07/03 032228260
01/08/03  Senate: Referred to Committee on Finance
01/22/03  Senate: Reported from Finance with substitute (13-Y 0-N)
01/22/03  Senate: Committee substitute printed 039077408-S1
01/23/03  Senate: Constitutional reading dispensed (39-Y 0-N)
01/23/03  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
01/24/03  Senate: Read second time
01/24/03  Senate: Reading of substitute waived
01/24/03  Senate: Committee substitute agreed to 039077408-S1
01/24/03  Senate: Engrossed by Senate - committee substitute 039077408-S1
01/27/03  Senate: Read third time and passed Senate (39-Y 0-N)
01/27/03  Senate: VOTE: PASSAGE R (39-Y 0-N)
01/27/03  Senate: Communicated to House
01/29/03  House: Placed on Calendar
01/29/03  House: Read first time
01/29/03  House: Referred to Committee on Appropriations
02/17/03  House: Reported from Appropriations (25-Y 0-N)
02/18/03  House: Read second time
02/19/03  House: Read third time
02/19/03  House: Passed House BLOCK VOTE (99-Y 0-N)
02/19/03  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/26/03  Senate: Bill text as passed Senate and House (SB857ER)
03/05/03  Senate: Enrolled
03/05/03  House: Signed by Speaker
03/06/03  Senate: Signed by President
03/18/03  Governor: Approved by Governor-Chapter 626 (effective 7/1/03)
03/27/03  Governor: Acts of Assembly Chapter text (CHAP0626)