Daniel Biss
- Democratic
Primary
Amends the Illinois Secure Choice Savings Program Act. Provides that the total annual expenses, rather than the annual administrative expenses, shall not exceed 0.75% of the total trust balance. Removes a requirement that the Board prepare a statement of investment policy annually. Provides that the investment policy shall be published on the Board's or State Treasurer's website. Provides that small employers' use of automatic enrollment is subject to federal rules. Makes other changes. Effective immediately.
Public Act . . . . . . . . . 99-0571
Effective Date July 15, 2016
Governor Approved
Sent to the Governor
Third Reading - Short Debate - Passed 113-000-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Remains in Revenue & Finance Committee
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate Revenue & Finance Committee; 010-000-000
Recommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000
To Income Tax Subcommittee
Assigned to Revenue & Finance Committee
Chief House Sponsor Rep. Barbara Flynn Currie
Arrived in House
First Reading
Referred to Rules Committee
Third Reading - Passed; 052-000-000
Placed on Calendar Order of 3rd Reading
Senate Floor Amendment No. 1 Adopted; Biss
Recalled to Second Reading
Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 012-000-000
Senate Floor Amendment No. 1 Assignments Refers to Executive
Senate Floor Amendment No. 1 Filed with Secretary by Sen. Daniel Biss
Senate Floor Amendment No. 1 Referred to Assignments
Placed on Calendar Order of 3rd Reading March 8, 2016
Second Reading
Do Pass Executive; 012-003-000
Placed on Calendar Order of 2nd Reading March 3, 2016
Assigned to Executive
Filed with Secretary by Sen. Daniel Biss
First Reading
Referred to Assignments
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| Senate Amendment 001 |
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