H 4248
An Act relative to retirement savings
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- Passed House
- Passed Senate
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- Became Law
Bill overview
This bill incorporates sections 20, 23, and 110 from the fiscal year 2026 General Appropriation Bill (House Bill 4240), which was returned to the legislature with recommended amendments. Due to the urgency of establishing retirement savings, the bill is designated as an emergency law. It essentially implements the appropriations outlined in the original bill.
Key provisions
- Incorporates sections 20, 23, and 110 of House Bill 4240.
- Designated as an emergency law.
- Relates to retirement savings initiatives.
- Based on appropriations outlined in the fiscal year 2026 General Appropriation Bill.
- Returned to the legislature with recommended amendments.
Who is affected
- Individuals saving for retirement
- State government (through appropriations)
- The general public (through retirement savings programs)
Notable changes
- The bill’s implementation is tied to the provisions of House Bill 4240.
- The emergency designation allows for immediate action regarding retirement savings.
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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