BILL · 2009–10 SESSION

SB 6501: Educational employees/stock

Authorizing payment of regulated company stock in lieu of a portion of salary for educational employees.

Summary

  • The board of directors of a school district, the Teachers ’ Retirement System, the Superintendent of Public Instruction, and Educational Service District superintendents are authorized to provide the option to purchase certain mutual funds qualified as regulated company stock held in a custodial account, as well as tax deferred annuities for employees ’ federal Internal Revenue Service qualified section 403(b)…

From the Senate Bill Report (SB 6501), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 15, 2010
  2. Out of committeeFeb 9, 2010
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Craig Pridemore (D-49)
Introduced
January 15, 2010 in the Senate
Last action
March 15, 2010
Companion bill
HB 2877

AN ACT Relating to authorizing payment of regulated company stock in lieu of a portion of salary for educational employees;

Sponsors

Prime sponsor: Craig Pridemore (D-49)

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. Senate Rules "X" file.
  3. Made eligible to be placed on second reading.
  4. WM - Majority; do pass.
  5. Passed to Rules Committee for second reading.
  6. First reading, referred to Ways & Means.

SB 6501 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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