Iris Y. Martinez
- Democratic
Primary
Creates the Illinois Automatic IRA Program Act. Provides that the Illinois Automatic IRA Program shall be administered by the State Treasurer and that the Treasurer shall adopt regulations to implement the Program. Allows employees of certain employers that have not offered a qualified retirement plan for 2 years to set aside a percentage of their wages to be deposited into an IRA trust fund administered by the State Treasurer's office. Sets minimum requirements for the operation of the Program. Sets forth duties and authority of the State Treasurer in relation to the Program. Limits State and employer liability. Contains provisions regarding audits and reports. Effective immediately.
No votes to display
Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Postponed - Financial Institutions
Senate Committee Amendment No. 1 Postponed - Financial Institutions
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
Senate Committee Amendment No. 1 Referred to Assignments
Postponed - Financial Institutions
Re-assigned to Financial Institutions
Rule 3-9(a) / Re-referred to Assignments
Postponed - Financial Institutions
Added as Co-Sponsor Sen. Kwame Raoul
Postponed - Financial Institutions
Added as Chief Co-Sponsor Sen. Emil Jones, III
Assigned to Financial Institutions
Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
First Reading
Referred to Assignments
Filed with Secretary by Sen. Iris Y. Martinez
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Document | Format |
|---|---|
| Senate Amendment 001 |
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