Connecticut 2017 Regular Session

Connecticut Senate Bill SB00641 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 641
22 January Session, 2017 LCO No. 2901
33 *02901*
44 Referred to Committee on PLANNING AND DEVELOPMENT
55 Introduced by:
66 SEN. BOUCHER, 26th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 641
1111
1212 January Session, 2017
1313
1414 LCO No. 2901
1515
1616 *02901*
1717
1818 Referred to Committee on PLANNING AND DEVELOPMENT
1919
2020 Introduced by:
2121
2222 SEN. BOUCHER, 26th Dist.
2323
2424 AN ACT CONCERNING MUNICIPAL RETIREMENT PLANS OFFERED BY FOR-PROFIT ORGANIZATIONS.
2525
2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
2727
2828 That section 7-464a of the general statutes be amended to permit a municipality to contract for, purchase or procure mutual fund-based retirement plans offered by for-profit organizations.
2929
3030 Statement of Purpose:
3131
3232 To permit private companies to offer municipal retirement plans.