H4248
An Act relative to retirement savings
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, enacted as sections 20, 23, and 110 of the General Appropriation Bill (H.4240), establishes a mechanism for establishing retirement savings. Due to the urgency of the matter, it was declared an emergency law to ensure its immediate implementation. The bill’s purpose is to address the need for increased retirement savings options for residents of Massachusetts.
Key provisions
- Establishes retirement savings provisions.
- Incorporates sections from the General Appropriation Bill (H.4240).
- Declared an emergency law for immediate implementation.
Who is affected
- Residents of Massachusetts
- Employees and employers
Sponsors
Official sponsors from legislative records.
Primary sponsor
NONE
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Bill H.4248 194th (Current)
An Act relative to retirement savings
Sections 20, 23 and 110 contained in the engrossed Bill making appropriations for the fiscal year 2026 (see House, No. 4240), which had been returned by Her Excellency the Governor with recommendation of amendment (for message, see Attachment B of House, No. 4250). July 4, 2025.
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Bill Information
Bill Information
Status: Referred to House Committee on Bills in the Third Reading
Emergency Preamble
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to establish retirement savings, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
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Bill History Amendments
Bill History
Displaying 4 actions for Bill H.4248
| Date | Branch | Action |
| 7/4/2025 | House | Enacted as sections 20, 23 and 110 of the General Appropriation Bill, see H4240 |
| 7/4/2025 | House | Governor returned to the House with recommendation of amendment |
| 7/4/2025 | House | For message, see H4250, Attachment B |
| 7/10/2025 | House | Referred to the committee on House Bills in the Third Reading |
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