SB272 Alabama 2012 Session
Bill Summary
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 employees of counties, cities, towns, or any subdivision that may participate, and arrange for efficient administrative investments and professional services
This bill would allow retired program participants to have their monthly insurance premiums deducted from their deferred compensation distribution in accordance with the Internal Revenue Service guidelines
To amend Section 36-26-14, Code of Alabama 1975, relating to the tax deferred annuity and deferred compensation programs for the salaried employees of the State of Alabama to authorize the State of Alabama Personnel Board to adopt a plan providing for tax deferred annuity and deferred compensation programs for state, city, and county employees or public organizations of the state or any political subdivision thereof; to arrange for efficient administrative investments and professional services; and to allow participants to have their monthly insurance premiums deducted from their deferred compensation distribution.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 19, 2012 | Delivered to Governor at 1:47 p.m. on April 19, 2012 | |
| April 19, 2012 | Assigned Act No. 2012-232. | |
| April 19, 2012 | Signature Requested | |
| April 19, 2012 | Enrolled | |
| April 19, 2012 | Concurred in Second House Amendment | |
| April 19, 2012 | Marsh motion to Concur In and Adopt adopted Roll Call 652 | |
| April 19, 2012 | Concurrence Requested | |
| April 17, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 870 | |
| April 17, 2012 | Motion to Adopt adopted Roll Call 869 | |
| April 17, 2012 | State Government 2nd Amendment Offered | |
| April 17, 2012 | Motion to Adopt adopted Roll Call 868 | |
| April 17, 2012 | State Government 1st Amendment Offered | |
| April 17, 2012 | Third Reading Passed | |
| April 12, 2012 | Read for the second time and placed on the calendar 2 amendments | |
| March 1, 2012 | Read for the first time and referred to the House of Representatives committee on State Government | |
| March 1, 2012 | Engrossed | |
| February 28, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 191 | |
| February 28, 2012 | Motion to Adopt adopted Roll Call 190 | |
| February 28, 2012 | Williams Amendment Offered | |
| February 28, 2012 | Motion to Adopt adopted Roll Call 189 | |
| February 28, 2012 | Fiscal Responsibility and Accountability Amendment Offered | |
| February 28, 2012 | Third Reading Passed | |
| February 16, 2012 | Read for the second time and placed on the calendar 1 amendment | |
| February 9, 2012 | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB272 Alabama 2012 Session - Enrolled |
| Bill Text | SB272 Alabama 2012 Session - Engrossed |
| Bill Text | SB272 Alabama 2012 Session - Introduced |