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HB70

Virginia Retirement System; plan credits and accounts.

Status:
Enacted

Chief Patron:
David Bulova (D)

Session:
2024 Regular Session

Summary

As Introduced. Virginia Retirement System; plan credits and accounts.

Allows members of the Virginia Retirement System to purchase service credit for prior full-time active duty military service of at least 180 consecutive days in any federally established branch of the armed services. Under current law, such purchases are restricted to prior full-time active duty military service of at least 180 consecutive days in the United States Army, Navy, Air Force, Marines, or Coast Guard. (Less)
  • Bill History

  • 12/22/2023 - House: Prefiled and ordered printed; offered 01/10/24 24100811D
  • 12/22/2023 - House: Referred to Committee on Appropriations
  • 01/12/2024 - House: Impact statement from VRS (HB70)
  • 01/17/2024 - House: Assigned App. sub: Compensation and Retirement
  • 01/22/2024 - House: Subcommittee recommends reporting (8-Y 0-N)
  • 01/24/2024 - House: Reported from Appropriations (22-Y 0-N)
  • 01/26/2024 - House: Read first time
  • 01/29/2024 - House: Read second time and engrossed
  • 01/30/2024 - House: Read third time and passed House BLOCK VOTE (100-Y 0-N)
  • 01/30/2024 - House: VOTE: Block Vote Passage (100-Y 0-N)
  • 01/31/2024 - Senate: Constitutional reading dispensed
  • 01/31/2024 - Senate: Referred to Committee on Finance and Appropriations
  • 02/15/2024 - Senate: Reported from Finance and Appropriations (15-Y 0-N)
  • 02/19/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
  • 02/20/2024 - Senate: Read third time
  • 02/20/2024 - Senate: Passed Senate (40-Y 0-N)
  • 02/26/2024 - House: Enrolled
  • 02/26/2024 - House: Bill text as passed House and Senate (HB70ER)
  • 02/26/2024 - House: Signed by Speaker
  • 02/27/2024 - House: Impact statement from VRS (HB70ER)
  • 02/28/2024 - Senate: Signed by President
  • 03/11/2024 - House: Enrolled Bill communicated to Governor on March 11, 2024
  • 03/11/2024 - Governor: Governor's Action Deadline 11:59 p.m., April 8, 2024
  • 04/02/2024 - Governor: Approved by Governor-Chapter 267 (effective 7/1/24)
  • 04/02/2024 - Governor: Acts of Assembly Chapter text (CHAP0267)