BILL · 2013–14 SESSION

SB 6201: LEOFF life annuity benefit

Creating an optional life annuity benefit for plan 2 members of the law enforcement officers' and firefighters' retirement system.

Summary

  • Permits members of The Law Enforcement Officers' and Fire Fighters' Retirement System Plan 2 (LEOFF 2) to purchase actuarially equivalent life annuity benefits from the LEOFF 2 retirement fund.
  • Requires annuity purchases to be for a minimum of $25,000, and funds used for the purchase must be from a tax-qualified plan offered by a governmental employer.

From the House Bill Report (SB 6201), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 91, Laws of 2014
  1. IntroducedJan 17, 2014
  2. Out of committeeJan 30, 2014
  3. Passed SenateFeb 14, 2014
  4. Passed HouseMar 6, 2014
  5. GovernorMar 27, 2014
  6. LawMar 27, 2014
Prime sponsor
Bob Hasegawa (D-11)
Introduced
January 17, 2014 in the Senate
Last action
March 27, 2014
Session law
Chapter 91, Laws of 2014
Requested by
Other
Companion bill
HB 2577
Budget
Has a fiscal note

AN ACT Relating to an optional life annuity benefit for plan 2 members of the law enforcement officers' and firefighters' retirement system;

Sponsors

Prime sponsor: Bob Hasegawa (D-11)

3 co-sponsors (3 Democrats, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 14, 2014
Version voted on: SB 6201
47 Yea 0 Nay 1 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat23011
Republican24000
How each member voted

House · Final Passage

Passed March 6, 2014
Version voted on: SB 6201
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat52003
Republican42001
How each member voted

Yea (94)

History

  1. Effective date 6/12/2014.
  2. Chapter 91, 2014 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. Third reading, passed; yeas, 94; nays, 0; absent, 0; excused, 4.
  7. President signed.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. APP - Majority; do pass.
  12. APP - Executive action taken by committee.
  13. First reading, referred to Appropriations (Not Officially read and referred until adoption of Introduction report).
  14. Third reading, passed; yeas, 47; nays, 0; absent, 1; excused, 1.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. WM - Majority; do pass.
  19. First reading, referred to Ways & Means.

SB 6201 in other sessions

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

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