H604 - Small Business Retirement Program. (SL 2019-205)

Overview: S.L. 2019-205 creates a ten member Joint Legislative Study Committee on Small Business Retirement Options to study and report findings and recommendations by March 31, 2020, on ways to reduce burdens on small businesses offering payroll deduction retirement savings options, the feasibility of combining similar retirement programs, and mechanisms to encourage citizens to retire in a financially secure manner.

This act became effective August 27, 2019.