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House approves 'Keystone Saves' retirement-access bill after partisan floor debate

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Summary

House Bill 12,63 (Keystone Saves) passed the House after debate focusing on retirement security, opt-out mechanics and government role; supporters said the plan will increase retirement access, opponents warned of state overreach and cost to small businesses.

House Bill 12,63, described on the floor as the "Keystone Saves" retirement access proposal, passed the House on May 13 after a series of floor speeches for and against the measure.

Representative Mullins, the bill’s sponsor, said…

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