Loading chat...

AR HB1902

Bill

Status

Passed

4/8/2015

Primary Sponsor

Warwick Sabin

Click for details

Origin

House of Representatives

90th General Assembly (2015 Regular)

AI Summary

  • Adds a new subchapter to Arkansas Code Title 21, Chapter 5 governing voluntary contributions by state employees to tuition savings programs.

  • Requires state agencies to notify employees at the beginning of employment that tuition savings programs are available and that employees may request regular salary deductions for contributions.

  • Allows state employees to request that their employer withhold a designated amount from each paycheck and deposit it directly into the employee's tuition savings program account as defined under § 6-84-103(1).

  • Requires agencies charged with distributing employee salaries to deposit withheld funds into the employee's tuition savings program at the time of salary distribution.

  • Mandates that agencies adopting salary withholding agreements must establish formal policies and guidelines to implement these provisions, effective January 1, 2016.

Legislative Description

To Amend The Law Concerning Compensation And Benefits Of State Employees; And To Allow A State Employee To Contribute To Certain College Savings Plans With A Voluntary Deduction From His Or Her Pay.

Last Action

Notification that HB1902 is now Act 1255

4/8/2015

Committee Referrals

State Agencies & Governmental Affairs3/27/2015
Revenue and Taxation3/17/2015

Full Bill Text

No bill text available