Senate Peach State Saves Program Study Committee; create
Impact
The implications of SR807 could be far-reaching as the committee is tasked with studying existing conditions and proposing necessary actions or legislation related to retirement savings. By establishing this committee, Georgia could see a move towards greater facilitation of retirement savings among its workforce, possibly leading to the adoption of more comprehensive retirement savings strategies that could alleviate the reliance on public assistance programs in the future.
Summary
Senate Resolution 807 (SR807) aims to address retirement savings deficiencies in Georgia by creating the Senate Peach State Saves Program Study Committee. The resolution highlights a significant concern that over 60% of Georgia households lack retirement savings accounts and a considerable number of workers have no access to employer-sponsored retirement plans. SR807 reflects the state's commitment to enhance retirement security for its residents, particularly targeting moderate- and lower-income households who may face challenges in achieving financial stability during retirement.
Contention
While SR807 has the potential to positively impact retirement security, there may be points of contention regarding the approach taken. Discussions may arise around the effectiveness of a study committee in addressing immediate needs versus implementing more direct policies or programs. Critics may argue that without concrete legislative proposals, the effort might lead to inaction, leaving many Georgians without the necessary resources to save for retirement. The success of this resolution will largely depend on the committee's findings and the subsequent legislative actions that can be taken based on those recommendations.
Campaign finance: contributions and expenditures; provision related to officeholders raising funds when facing a recall; modify, and require candidate to establish a separate account used for recall purposes. Amends secs. 3, 11, 12, 21, 24 & 52 of 1976 PA 388 (MCL 169.203 et seq.) & adds sec. 21b.
Campaign finance: contributions and expenditures; funds donated to a candidate for recall efforts; require candidate to establish a separate account used for recall purposes. Amends secs. 3, 11, 12, 21, 24 & 52 of 1976 PA 388 (MCL 169.203 et seq.) & adds sec. 21b.
A concurrent resolution recognizing wild rice as sacred and central to the culture and health of Indigenous Peoples in Minnesota and critical to the health and identity of all Minnesota citizens and ecosystems and establishing a commitment to passing legislation to protect wild rice and the freshwater resources upon which it depends.