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ME LD344

Bill

Official Source

Status

Failed

6/9/2025

Primary Sponsor

Joshua Morris

Click for details

Origin

House of Representatives

132nd Legislature

AI Summary

  • Repeals 5 MRSA chapter 7-A, which established the Maine Retirement Savings Board originally created by PL 2021, c. 356

  • Removes the Maine Retirement Savings Board from the list of state agencies and boards in Maine statute

  • Eliminates the provision allowing employees of the Maine Retirement Savings Board to participate in the state retirement system's defined contribution and deferred compensation plans

  • Repeals multiple sections of the 2021 law (PL 2021, c. 356) that created the board and its related implementation provisions

Legislative Description

An Act to Repeal the Law Establishing the Maine Retirement Savings Board

Financial Institutions

Last Action

Placed in Legislative Files (DEAD)

6/9/2025

Committee Referrals

Health Coverage, Insurance and Financial Services1/30/2025

Full Bill Text

No bill text available