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• Introduced by Sen. Samuel B. Thomas, III (D) on January 24, 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 Senate Appropriations Committee on January 24, 2007.