Maryland Secure Choice Retirement Savings Program and Trust

HB 421 Maryland Secure Choice Retirement Savings Program and Trust

Maryland 2015 Regular Session

Maryland Secure Choice Retirement Savings Program and Trust
HB-421

About HB-421

Establishing the Maryland Secure Choice Retirement Savings Program for eligible private sector employees; establishing the Maryland Secure Choice Retirement Savings Trust; establishing the Maryland Secure Choice Retirement Savings Board to implement, maintain, and administer the Program and the Trust; requiring eligible employers to offer the Program and requiring eligible employees to participate in the Program unless written notice to opt out is provided to the employer; authorizing the Comptroller to enforce employer compliance; etc.

  

Bill Texts

Introduced 02/10/2015

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Sponsors (30)

Sen. William Smith


Co-Sponsor

Rep. Kumar Barve


Co-Sponsor

Rep. Dana Stein


Co-Sponsor

Rep. Eric Bromwell


Co-Sponsor

Rep. C. William Frick


Co-Sponsor

Rep. Anne Healey


Co-Sponsor

Rep. Sheila Hixson


Co-Sponsor

Rep. Shane Pendergrass


Co-Sponsor

Sen. Cory McCray


Co-Sponsor

Rep. Eric Luedtke


Co-Sponsor

Sen. Clarence Lam


Co-Sponsor

Rep. Eric Ebersole


Co-Sponsor

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History

Hearing 2/24 At 1:00 P.m. (economic Matters)

02/24/2015

First Reading Economic Matters And Appropriations

02/09/2015

Subject(s)

Private Sector Labor And Industry State Pensions And Retirement Auditors And Audits Business And Economic Development, Department Of Committees And Commissions Comptroller Disclosure Estates And Trusts Fees Forms Income Tax Investments Liability Notices Penalties And Sentences Public Information Retirement Systems Revenue And Taxes Rules And Regulations Work, Labor And Employment