Enrolled Bill Summary

House Bill 2341	House Author:  Truitt
Effective:  9-1-07	Senate Sponsor:  Duncan

            House Bill 2341 amends provisions relating to the qualified investment products certain educational institutions may offer employees to allow such an institution to refuse to offer a 403(b) retirement investment product to an employee if the company offering the product does not comply with the institution's administrative requirements, providing that those requirements are imposed uniformly on all companies offering such plans and are necessary to comply with employer responsibilities under the Internal Revenue Code or related provisions.