AB 399 Nevada Assembly · 2019 Regular Session

Provides for the establishment of a retirement savings program for private sector employees. (BDR 31-606)

Summary
AN ACT relating to employment; creating the Board of Trustees of the Nevada Employee Savings Trust; prescribing the membership, powers, duties and limitations of the Board; authorizing the Board to create the Nevada Employee Savings Trust Program; prescribing certain required attributes of the Program; creating the Nevada Employee Savings Administrative Fund and specifying the sources and uses of money deposited therein; creating the Nevada Employee Savings Trust and prescribing the manner of its administration; providing for the confidentiality of certain information; providing civil immunity to certain persons and entities in connection with the Program; making certain persons fiduciaries with respect to participants in the Program; prohibiting certain persons from engaging in certain financial transactions in connection with the Program; requiring the preparation and submission of certain annual reports; and providing other matters properly relating thereto.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2019
Committee Review
Floor Vote
Governor
Introduced Mar 21, 2019 Last action Jun 4, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
3
Apr 23, 2019
Assembly · Reported by committee
From printer. To engrossment. Engrossed. First reprint. To committee.
Apr 22, 2019
Assembly · Referred to committee
Notice of eligibility for exemption. From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. Nos. 369 and 538.) Rereferred to Committee on Ways and Means. Exemption effective. To printer.
Mar 22, 2019
Assembly · Reported by committee
From printer. To committee.
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.