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House Journal: Page 1093: Thursday, April 5, 2001

The nays were, 15:
Alons Arnold Baudler Boddicker
Bradley De Boef Eichhorn Garman
Heaton Hoffman Johnson Kettering
Klemme Teig Van Engelenhoven

 


Absent or not voting, 5:
Carroll Falck Ford Grundberg
Wise

 


The bill having received a constitutional majority was declared to
have passed the House and the title was agreed to.

House File 654, a bill for an act relating to the amount of
contributions to and accumulated increases in the value of certain
retirement plans which are exempt from creditors and providing an
effective date, was taken up for consideration.

Millage of Scott offered amendment H(1314 filed by him as
follows:

H-1314

1 Amend House File 654 as follows:
2 1. Page 1, line 10, by inserting after the word
3 "either:" the following: "of the following:"
4 2. Page 1, line 22, by inserting after the word
5 "Code" the following: "to an individual retirement
6 account or individual retirement annuity established
7 under section 408(a) of the Internal Revenue Code, or
8 an individual retirement annuity established under
9 section 408(b) of the Internal Revenue Code, or a Roth
10 individual retirement account, or a Roth individual
11 retirement annuity established under section 408A of
12 the Internal Revenue Code".
13 3. Page 1, line 34, by inserting after the word
14 "meet" the following: "all of".
15 4. Page 2, line 29, by striking the words "in a"
16 and inserting the following: "or".
17 5. Page 3, by striking line 13 and inserting the
18 following: "pension plans, Keogh plans (also known as
19 Keogh plans or H.R. 10 plans),".
20 6. Page 3, by striking lines 14 through 16 and
21 inserting the following: "individual retirement
22 accounts, Roth individual retirement accounts
23 established under section 408(a) of the Internal
24 Revenue Code, individual retirement annuities


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