The legislature's own summary of the bill, or its official long title.
Amends the State Universities and Downstate Teacher Articles of the Illinois Pension Code. Provides that in administering the optional deferred compensation plan, the System shall require that the deferred compensation plan recordkeeper agree that, in performing services with respect to the deferred compensation plan, the recordkeeper: (i) will not use information received as a result of providing services with…
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Amends the State Universities and Downstate Teacher Articles of the Illinois Pension Code. Provides that in administering the optional deferred compensation plan, the System shall require that the deferred compensation plan recordkeeper agree that, in performing services with respect to the deferred compensation plan, the recordkeeper: (i) will not use information received as a result of providing services with respect to the deferred compensation plan or the participants in the deferred compensation plan to solicit the participants in the deferred compensation plan for the purpose of cross-selling nonplan products and services, unless in response to a request by a participant in the deferred compensation plan; and (ii) will not promote, recommend, endorse, or solicit participants in the deferred compensation plan to purchase any financial products or services outside of the deferred compensation plan. Adds similar provisions with regard to the deferred compensation plan and local government deferred compensation plans under the Deferred Compensation Article. Amends the University Employees Custodial Accounts Act. Provides that in administering a defined contribution plan to provide retirement benefits, the governing board of any public institution of higher education shall require that the plan recordkeeper agree that, in performing services with respect to the plan, the recordkeeper: (i) will not use information received as a result of providing services with respect to the plan or the plan's participants to solicit the plan's participants for the purpose of cross-selling nonplan products and services, unless in response to a request by a participant in the plan; and (ii) will not promote, recommend, endorse, or solicit participants in the plan to purchase any financial products or services outside of the plan.
Every action
68 steps, oldest first, as the legislature records them.
Show the 60 earlier steps
SenateFiled with Secretary by Sen. Robert F. Martwick
SenateFirst Reading
CommitteeReferred to Assignments · Senate Assignments
CommitteeAssigned to Senate Special Committee on Pensions · Senate Special Committee on Pensions
CommitteePostponed - Senate Special Committee on Pensions · Senate Special Committee on Pensions
SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
CommitteeSenate Committee Amendment No. 1 Assignments Refers to Senate Special Committee on Pensions · Senate Special Committee on Pensions
CommitteeSenate Committee Amendment No. 1 Adopted; Senate Special Committee on Pensions · Senate Special Committee on Pensions
CommitteeDo Pass as Amended Senate Special Committee on Pensions; 010-000-000 · Senate Special Committee on Pensions
SenatePlaced on Calendar Order of 2nd Reading March 21, 2023
SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Robert F. Martwick
CommitteeSenate Floor Amendment No. 2 Referred to Assignments · Senate Assignments
SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Robert F. Martwick
CommitteeSenate Floor Amendment No. 3 Referred to Assignments · Senate Assignments
SenateSecond Reading
SenatePlaced on Calendar Order of 3rd Reading March 29, 2023
CommitteeSenate Floor Amendment No. 2 Assignments Refers to Senate Special Committee on Pensions · Senate Special Committee on Pensions
CommitteeSenate Floor Amendment No. 3 Assignments Refers to Senate Special Committee on Pensions · Senate Special Committee on Pensions
SenateSenate Floor Amendment No. 4 Filed with Secretary by Sen. Robert F. Martwick
CommitteeSenate Floor Amendment No. 4 Referred to Assignments · Senate Assignments
CommitteeSenate Floor Amendment No. 4 Assignments Refers to Senate Special Committee on Pensions · Senate Special Committee on Pensions
SenateAdded as Chief Co-Sponsor Sen. Neil Anderson
CommitteeSenate Floor Amendment No. 2 Recommend Do Adopt Senate Special Committee on Pensions; 011-000-000 · Senate Special Committee on Pensions
CommitteeSenate Floor Amendment No. 3 Recommend Do Adopt Senate Special Committee on Pensions; 011-000-000 · Senate Special Committee on Pensions
CommitteeSenate Floor Amendment No. 4 Postponed - Senate Special Committee on Pensions · Senate Special Committee on Pensions
HouseAdded Alternate Co-Sponsor Rep. Camille Y. Lilly
HouseSecond Reading - Short Debate
HousePlaced on Calendar Order of 3rd Reading - Short Debate
HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit
CommitteeHouse Floor Amendment No. 1 Referred to Rules Committee · House Rules
CommitteeHouse Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee · House Personnel & Pensions
CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 006-003-000 · House Personnel & Pensions
HouseRecalled to Second Reading - Short Debate
HouseHouse Floor Amendment No. 1 Adopted
HousePlaced on Calendar Order of 3rd Reading - Short Debate
HouseThird Reading - Short Debate - Passed 078-032-001
SenateSecretary's Desk - Concurrence House Amendment(s) 1
SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 16, 2023
SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Robert F. Martwick
CommitteeHouse Floor Amendment No. 1 Motion to Concur Referred to Assignments · Senate Assignments
CommitteeHouse Floor Amendment No. 1 Motion to Concur Assignments Referred to Senate Special Committee on Pensions · Senate Special Committee on Pensions
CommitteeHouse Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Senate Special Committee on Pensions; 011-000-000 · Senate Special Committee on Pensions