Introduced by Rep. Steve Bieda (D) on January 25, 2007, to create a state program to contract with investment managers to provide and administer 401k retirement plans for small employers who are unable to find a suitable vendor to provide a similar service for their employees. Gov. Jennifer Granholm proposed the measure in her 2006 State of the State address.
Referred to the House New Economy And Quality Of Life Committee on January 25, 2007.
