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DE HB186

Bill

Official Source

Status

Introduced

6/11/2013

Primary Sponsor

John Viola

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Origin

House of Representatives

147th General Assembly

AI Summary

HB 148 Amendment No. 1 Summary

  • Establishes July 1, 2014 as the deadline for the Deferred Compensation Council to ensure 403(b) and 457(b) retirement plans allow participants a Roth option.

  • Requires the Office of Management and Budget to complete all necessary changes to the State Employee Payroll System by July 1, 2014 to support Roth retirement plan additions.

  • Directs the State Treasurer to take all necessary steps by July 1, 2014 to facilitate adding a Roth option to State 403(b) and 457(b) retirement plans.

Legislative Description

An Act To Amend Title 19 Of The Delaware Code Relating To Wages And Gratuities.

Last Action

Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

6/11/2013

Committee Referrals

Economic Development/Banking/Insurance/Commerce6/11/2013

Full Bill Text

No bill text available