HB 129 Wyoming House · 2023 Regular Session

Wyoming private employees' retirement savings plan.

HB 129 establishes a Wyoming Private Employees' Retirement Savings Task Force to study creating a retirement savings plan for private-sector workers (not government employees). The task force will examine key features like payroll deduction contributions, automatic enrollment with opt-out options, and how employers could offer the plan without mandatory employer contributions. It must analyze feasibility, legal compliance (including ERISA and IRS rules), employer costs, and potential implementation steps, including possible tax incentives. The task force is required to submit recommendations by September 2024, but the bill itself does not create the retirement plan - it only authorizes the study.
Bill status died 2 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Jan 2023
House Failed
Jan 2023
Governor
Introduced Jan 18, 2023 Last action Jan 31, 2023
Floor votes · House Jan 31, 2023

How they voted

2136
Failed · 1 other
Total votes 58
Jan 31, 2023
D Democratic5
4 Yea 1
80% Yea
R Republican53
17 Yea 36 Nay
67% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
2
Jan 31, 2023
Vote failed
House Vote: fail (21-36-1)
house
Jan 31, 2023
Committee
H COW:Failed 24-36-2-0-0
lower
Jan 26, 2023
Lower · Passed
H07 - Corporations:Recommend Amend and Do Pass 5-3-1-0-0
lower
Jan 18, 2023
Introduced
H Introduced and Referred to H07 - Corporations
lower
1 primary · 3 co-sponsors

Sponsors