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Implementation Of CO Colorado Secure Savings Program

It became law on Jul 14, 2020.

CO SB 20-200 · Senate Bill · 2020A

Stage
Became law
Started in
Senate
Sponsors
4
Latest action
Jul 14, 2020

What it does

In 2019, the general assembly created the Colorado secure savings board (board) in the office of the state treasurer to study the costs to the state of insufficient retirement savings and 3 approaches to increasing retirement savings in Colorado. The board found that a state-facilitated automatic enrollment individual retirement account program is the best option for Colorado and recommended the establishment of such a program, coupled with the greater use of financial education tools in the state. In furtherance of the board's recommendation, the act directs the board to create and implement the Colorado secure savings program (program). The act specifies the powers and duties of the board…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 14, 2020

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Colorado.

Work with this bill

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