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AR SB653
Bill
Status
Failed
5/1/2017
Primary Sponsor
David Sanders
Click for details
AI Summary
- Creates an optional alternative system for financing and administering employee benefits compensation in Arkansas
- Covers health, disability, and death benefits for employees
- System must comply with Arkansas Constitution Article 5, § 32 and the Employee Retirement Income Security Act of 1974 (Pub. L. No. 93-406)
- Provides employees with an alternative option to existing benefit structures
Legislative Description
To Establish An Optional Alternative System To Finance And Administer Employee Benefits Compensation Under Arkansas Constitution, Article 5, § 32 And Through The Employee Retirement Income Security Act Of 1974.
Last Action
Sine Die adjournment
5/1/2017
Committee Referrals
Insurance & Commerce3/6/2017
Full Bill Text
No bill text available