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AI Summary: The "Excluded Employees Retirement Security Act of 2021" is a federal bill aimed at providing retirement benefits to certain excluded employees, such as temporary or seasonal workers, who are currently not eligible for traditional retirement plans. The main provisions of the bill include creating a portable retirement account for these excluded employees, establishing employer and employee contributions to the account, and ensuring that participants have access to financial education resources. This bill seeks to address the lack of retirement security for individuals in non-traditional employment arrangements and improve their long-term financial well-being.
Latest Action: Read first time. To print.
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Actions (22):
2023-02-15 : Read first time. To print.
2023-02-16 : From printer. May be heard in committee March 18.
2023-03-02 : Referred to Com. on P.E. & R.
2023-03-22 : From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (March 22). Re-referred to Com. on APPR.
2023-04-19 : In committee: Set, first hearing. Referred to APPR. suspense file.
2023-05-18 : From committee: Do pass. (Ayes 11. Noes 3.) (May 18).
2023-05-18 : Read second time. Ordered to third reading.
2023-05-30 : Read third time. Passed. Ordered to the Senate. (Ayes 67. Noes 8. Page 1900.)
2023-05-31 : In Senate. Read first time. To Com. on RLS. for assignment.
2023-06-14 : Referred to Com. on L., P.E. & R.
2023-07-12 : In committee: Set, first hearing. Hearing canceled at the request of author.
2024-06-11 : From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L., P.E. & R.
2024-06-13 : In committee: Hearing postponed by committee.
2024-07-03 : From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 5. Noes 0.) (July 3).
2024-07-03 : Read second time and amended. Re-referred to Com. on APPR.
2024-08-05 : In committee: Referred to APPR suspense file.
2024-08-15 : From committee: Do pass. (Ayes 5. Noes 2.) (August 15).
2024-08-19 : Read second time. Ordered to third reading.
2024-08-20 : Read third time. Passed. Ordered to the Assembly. (Ayes 31. Noes 7.).
2024-08-20 : In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
2024-08-27 : Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 66. Noes 7.).
2024-09-05 : Enrolled and presented to the Governor at 4 p.m.
Democrat Republican
74%
26%
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