YOU HAVE FOUND OUR OLD WEB SITE. BE SURE TO CHECK OUT OUR NEW AND IMPROVED SITE!     AB 2506 Signed into Law     California Governor Gray Davis signed AB 2506 into law Sunday, September 29, 2002. The bill establishes a registration process for vendors offering 403(b) retirement investment products to employees of local school districts, community college districts and county offices of education in California. As part of the registration process, which is set to be in place by 2004, vendors are to disclose all fees and surrender charges.   Sponsored by Darrell Steinberg (D-Sacramento), the bill was supported by: United Teachers of Los Angeles, California Teachers Association, California School Employees Association, Faculty Association of California Community Colleges, AFT College Faculty Guild, Local 1521, Small School Districts' Association, TIAA-CREF, Association of California School Administrator, California School Boards Association, Meridian Wealth Management and 403(b)wise. It was opposed by: California Federation of Teachers and R.O.P.E.     Home | Disclaimer | © 2002 bWise Guys, LLC. All rights reserved.