The legislature's own summary of the bill, or its official long title.
Amends the Illinois Secure Choice Savings Program Act. Provides that the Illinois Secure Choice Savings Board shall determine the number and duties of staff members needed to administer the Illinois Secure Choice Savings Program and assemble such a staff in collaboration with the State Treasurer. Provides that the Board shall keep investment fees (rather than total annual expenses) as low as possible, but in no…
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Amends the Illinois Secure Choice Savings Program Act. Provides that the Illinois Secure Choice Savings Board shall determine the number and duties of staff members needed to administer the Illinois Secure Choice Savings Program and assemble such a staff in collaboration with the State Treasurer. Provides that the Board shall keep investment fees (rather than total annual expenses) as low as possible, but in no event shall they exceed 0.25% (rather than 0.75%). Provides that the Board may charge administrative fees, established by rule, that shall be consistent with industry standards. Provides that the definition of "employer" does not include the federal government, the State, any county, any municipal corporation, or any of the State's units or instrumentalities. Makes other changes. Effective immediately.
Every action
34 steps, oldest first, as the legislature records them.
Show the 26 earlier steps
HouseFiled with the Clerk by Rep. Bob Morgan
HouseFirst Reading
CommitteeReferred to Rules Committee · House Rules
CommitteeAssigned to State Government Administration Committee · House State Government Administration
CommitteeDo Pass / Short Debate State Government Administration Committee; 009-000-000 · House State Government Administration
HousePlaced on Calendar 2nd Reading - Short Debate
HouseAdded Chief Co-Sponsor Rep. Rita Mayfield
HouseAdded Chief Co-Sponsor Rep. Ann M. Williams
HouseAdded Chief Co-Sponsor Rep. Kelly M. Cassidy
HouseAdded Chief Co-Sponsor Rep. Kelly M. Burke
HouseSecond Reading - Short Debate
HousePlaced on Calendar Order of 3rd Reading - Short Debate
HouseAdded Co-Sponsor Rep. Barbara Hernandez
HouseAdded Co-Sponsor Rep. Sue Scherer
HouseAdded Co-Sponsor Rep. Margaret Croke
HouseAdded Co-Sponsor Rep. Debbie Meyers-Martin
HouseAdded Co-Sponsor Rep. Justin Slaughter
HouseAdded Co-Sponsor Rep. Lance Yednock
HouseThird Reading - Short Debate - Passed 106-000-003
SenateArrive in Senate
SenatePlaced on Calendar Order of First Reading
SenateChief Senate Sponsor Sen. David Koehler
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
CommitteeApproved for Consideration Assignments · Senate Assignments
SenatePlaced on Calendar Order of 2nd Reading April 18, 2023
SenateSecond Reading
SenatePlaced on Calendar Order of 3rd Reading April 25, 2023
SenateThird Reading - Passed; 036-016-000
HousePassed Both Houses
HouseSent to the Governor
HouseGovernor Approved
HouseEffective Date June 9, 2023
HousePublic Act . . . . . . . . . 103-0043
Roll calls
3 recorded votes: 2 on the floor, 1 in committee. Each shows how every member voted.