An Act relative to the 401(k) CORE program
Generates a plain-language summary of the bill text and history.
| Date | Branch | Action |
|---|---|---|
| 12/11/2025 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
| 10/29/2025 | Joint | Hearing rescheduled to 11/05/2025 from 10:30 AM-01:00 PM in B-2 and Virtual — Hearing location changed |
| 10/27/2025 | Joint | Hearing scheduled for 11/05/2025 from 10:30 AM-01:00 PM in A-2 |
| 2/27/2025 | Senate | Senate concurred |
| 2/27/2025 | House | Referred to the committee on State Administration and Regulatory Oversight |
No additional cosponsors.
| Committee | Recommendation | Vote |
|---|---|---|
| J25 | Favorable | 1 entries |
Section 64E of chapter 29 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by striking, in lines 5 and 6, the words “and employing not more than 20 persons,”
Said section 64E of said chapter 29, as so appearing, is hereby further amended by inserting at the end thereof the following subsection:- (g) Notwithstanding any general or special law to the contrary, the state treasurer, or designee, may seek to reduce operating expenses for the plan through private donations or grants, which may include direct and indirect fundraising.
SECTION 1. Section 64E of chapter 29 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by striking, in lines 5 and 6, the words “and employing not more than 20 persons,” SECTION 2. Said section 64E of said chapter 29, as so appearing, is hereby further amended by inserting at the end thereof the following subsection:- (g) Notwithstanding any general or special law to the contrary, the state treasurer, or designee, may seek to reduce operating expenses for the plan through private donations or grants, which may include direct and indirect fundraising.