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HB655 Alabama 2011 Session

Updated Jul 26, 2021
HB655 Alabama 2011 Session
House Bill
Expired
Current Status
Regular Session 2011
Session
1
Sponsor

Summary

Primary Sponsor
Mike Hill
Republican
Session
Regular Session 2011
Title
State Personnel Board, adoption of tax deferred annuity and deferred compensation programs for state employees, Sec. 36-26-14 am'd.
Description

Under existing law, the State of Alabama Personnel Board is authorized to adopt a plan recommended by the employees of the State of Alabama through the Alabama State Employees Association providing for tax deferred annuity and deferred compensation programs for the salaried employees of the State of Alabama and arrange for efficient administrative services through the Alabama State Employees Association or its designated agent.

This bill would authorize the State of Alabama Personnel Board to adopt a plan providing for such tax deferred annuity and deferred compensation programs for state employees and arrange for efficient administrative investments and professional services.

Subjects
State Personnel Board

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on State Government

Bill Text

Documents

Source: Alabama Legislature