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HB2174

VirginiaSaves Program; established, membership.

Status:
Passed

Chief Patron:
Luke Torian (D)

Session:
2021 Regular Session

Summary

As Passed House of Origin. VirginiaSaves Program; establishment.

Directs the governing board of the Virginia College Savings Plan (the Board) to establish an automatic enrollment payroll deduction individual retirement account (IRA) retirement savings program, to be known as the VirginiaSaves Program (the Program). The Board shall administer the Program and develop requirements, procedures, and guidelines for the Program, including default contribution rates, procedures for enrollment and withdrawal, and procedures for noncompliance. Moneys in the Program shall be invested in a manner deemed appropriate by the Board. (Less)
  • Bill History

  • 01/12/2021 - House: Prefiled and ordered printed; offered 01/13/21 21102814D
  • 01/12/2021 - House: Referred to Committee on Appropriations
  • 01/15/2021 - House: Assigned App. sub: Compensation & General Government
  • 01/19/2021 - House: House subcommittee amendments and substitutes offered
  • 01/19/2021 - House: Subcommittee recommends reporting with amendments (5-Y 3-N)
  • 01/20/2021 - House: House committee, floor amendments and substitutes offered
  • 01/20/2021 - House: House committee, floor amendments and substitutes offered
  • 01/20/2021 - House: Committee substitute printed 21103389D-H1
  • 01/20/2021 - House: Reported from Appropriations with substitute (13-Y 6-N)
  • 01/21/2021 - House: Read first time
  • 01/22/2021 - House: Passed by for the day
  • 01/25/2021 - House: Read second time
  • 01/25/2021 - House: Committee substitute agreed to 21103389D-H1
  • 01/25/2021 - House: Engrossed by House - committee substitute HB2174H1
  • 01/26/2021 - House: Read third time and passed House (56-Y 44-N)
  • 01/26/2021 - House: VOTE: Passage (56-Y 44-N)   Close Floor Vote
  • 01/26/2021 - House: Impact statement from DPB (HB2174H1)
  • 01/27/2021 - Senate: Constitutional reading dispensed
  • 01/27/2021 - Senate: Referred to Committee on Finance and Appropriations
  • 02/05/2021 - Senate: Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)
  • 02/16/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/16/2021 - Senate: Reported from Finance and Appropriations with substitute (11-Y 1-N 4-A)
  • 02/16/2021 - Senate: Committee substitute printed 21104455D-S1
  • 02/16/2021 - Senate: Constitutional reading dispensed (37-Y 0-N)
  • 02/17/2021 - Senate: Read third time
  • 02/17/2021 - Senate: Passed by for the day
  • 02/18/2021 - House: Impact statement from DPB (HB2174S1)
  • 02/18/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/18/2021 - Senate: Floor substitute printed 21200437D-S2 (Suetterlein)
  • 02/18/2021 - Senate: Read third time
  • 02/18/2021 - Senate: Passed by temporarily
  • 02/18/2021 - Senate: Passed by for the day
  • 02/19/2021 - Senate: Senate committee, floor amendments and substitutes offered
  • 02/19/2021 - Senate: Read third time
  • 02/19/2021 - Senate: Substitute by Senator Suetterlein withdrawn
  • 02/19/2021 - Senate: Reading of substitute waived
  • 02/19/2021 - Senate: Committee substitute agreed to 21104455D-S1
  • 02/19/2021 - Senate: Reading of amendments waived
  • 02/19/2021 - Senate: Amendments by Senator Sutterlein rejected (19-Y 20-N)   Close Floor Vote
  • 02/19/2021 - Senate: Passed by temporarily
  • 02/19/2021 - Senate: Reading of amendments waived
  • 02/19/2021 - Senate: Passed by temporarily
  • 02/19/2021 - Senate: Amendments by Senator Petersen agreed to
  • 02/19/2021 - Senate: Engrossed by Senate - committee substitute with amendments HB2174S1
  • 02/19/2021 - Senate: Passed Senate with substitute with amendments (23-Y 14-N)   Close Floor Vote
  • 02/23/2021 - House: Placed on Calendar
  • 02/23/2021 - House: Senate substitute with amendments rejected by House 21104455D-S1 (2-Y 95-N)
  • 02/23/2021 - House: VOTE: REJECTED (2-Y 95-N)
  • 02/24/2021 - Senate: Senate insisted on substitute with amendments (39-Y 0-N)
  • 02/24/2021 - Senate: Senate requested conference committee
  • 02/25/2021 - House: House acceded to request
  • 02/25/2021 - House: Conferees appointed by House
  • 02/25/2021 - House: Delegates: Torian, Tyler, Coyner
  • 02/25/2021 - Senate: Conferees appointed by Senate
  • 02/25/2021 - Senate: Senators: Barker, McClellan, Vogel
  • 02/27/2021 - Conference: Amended by conference committee
  • 02/27/2021 - House: Conference substitute printed 21200753D-H2
  • 02/27/2021 - Senate: Passed by temporarily
  • 02/27/2021 - Senate: Conference report rejected by Senate (15-Y 24-N)   Close Floor Vote
  • 02/27/2021 - Senate: Senate requested second conference committee (23-Y 16-N)   Close Floor Vote
  • 02/27/2021 - House: House acceded to request for second conference committee
  • 02/27/2021 - House: Second conferees appointed by House
  • 02/27/2021 - House: Delegates: Torian, Tyler, Coyner
  • 02/27/2021 - Senate: Second conferees appointed by Senate
  • 02/27/2021 - Senate: Senators: Barker, McClellan, Vogel
  • 02/27/2021 - Senate: Conference report agreed to by Senate (21-Y 15-N)   Close Floor Vote
  • 02/27/2021 - House: Conference report agreed to by House (52-Y 41-N)
  • 02/27/2021 - House: VOTE: Agreed To (52-Y 41-N)   Close Floor Vote
  • 03/01/2021 - House: Impact statement from DPB (HB2174H2)
  • 03/09/2021 - House: Enrolled
  • 03/09/2021 - House: Bill text as passed House and Senate (HB2174ER)
  • 03/09/2021 - Senate: Signed by President
  • 03/11/2021 - House: Signed by Speaker
  • 03/15/2021 - House: Enrolled Bill communicated to Governor on March 15, 2021
  • 03/15/2021 - Governor: Governor's Action Deadline 11:59 p.m., March 31, 2021
  • 03/25/2021 - House: Governor's recommendation received by House
  • 03/31/2021 - House: Governor's recommendation received by House
  • 04/07/2021 - House: Placed on Calendar
  • 04/07/2021 - House: House concurred in Governor's recommendation (55-Y 45-N)
  • 04/07/2021 - House: VOTE: Adoption (55-Y 45-N)   Close Floor Vote
  • 04/07/2021 - Senate: Senate rejected Governor's recommendation (11-Y 29-N)
  • 04/07/2021 - Senate: Communicated to Governor
  • 04/07/2021 - Governor: Governor's Action Deadline 11:59 p.m., May 7, 2021
  • 04/15/2021 - Governor: Approved by Governor-Chapter 556 (effective 7/1/21)
  • 04/15/2021 - Governor: Acts of Assembly Chapter text (CHAP0556)