SECURE CHOICE PROGRAM-IRAS
- Introduced Jan 17, 2025
- In committee Jan 28, 2025
- Passed the House Next
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Illinois Secure Choice Savings Program Act. Provides that the accounts established under the Secure Choice Savings Program shall be IRAs, into which enrollees contribute funds that are invested in investment options established by the Illinois Secure Choice Savings Board. Provides that a separate account shall be established for each enrollee and the accounts shall be owned by the enrollee. Provides that…
Read the full title (215 words)
Amends the Illinois Secure Choice Savings Program Act. Provides that the accounts established under the Secure Choice Savings Program shall be IRAs, into which enrollees contribute funds that are invested in investment options established by the Illinois Secure Choice Savings Board. Provides that a separate account shall be established for each enrollee and the accounts shall be owned by the enrollee. Provides that the savings accounts established under the Program shall be portable and allow for an enrollee to make contributions from multiple employers into a single account. Provides that an enrollee in the Program may have both a Roth IRA and a Traditional IRA through the Program. Provides that the Board shall have the duty to assess the feasibility of agreements with other governmental entities, including other states and their agencies and instrumentalities, to achieve greater economies of scale through shared resources and to enter into those agreements if determined to be beneficial. Provides that an employer who fails without reasonable cause to enroll an employee in the Program within the time provided and fails to remit their contributions (rather than fails without reasonable cause to enroll an employee in the Program within the time provided) shall be subject to a penalty. Makes changes in provisions concerning employer and employee information packets. Effective immediately.
Every action
17 steps, oldest first, as the legislature records them.
Show the 9 earlier steps
- HouseFiled with the Clerk by Rep. Gregg Johnson
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- CommitteeAssigned to Personnel & Pensions Committee · House Personnel & Pensions
- CommitteeDo Pass / Short Debate Personnel & Pensions Committee; 008-004-000 · House Personnel & Pensions
- HouseAdded Co-Sponsor Rep. Martha Deuter
- HousePlaced on Calendar 2nd Reading - Short Debate
- HouseAdded Co-Sponsor Rep. Laura Faver Dias
- HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Gregg Johnson
- 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
- HouseSecond Reading - Short Debate
- HouseHeld on Calendar Order of Second Reading - Short Debate
- CommitteeHouse Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 007-004-000 · House Personnel & Pensions
- CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
- CommitteeHouse Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee · House Rules
- HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit
Roll calls
2 recorded votes: 0 on the floor, 2 in committee. Each shows how every member voted.
Committee votes
| Date | Where | Question | Result |
|---|---|---|---|
| Feb 27, 2025 | House Personnel & Pensions | Personnel & Pensions - Do Pass | Passed 8–4 |
| Apr 8, 2025 | House Personnel & Pensions | House Floor Amendment No. 1 - Personnel & Pensions - Recommends Be Adopted MembersYes · 7
No · 4 Not voting · 1 |
Passed 7–4 |
Sponsors
The member who introduced it, joined by 3 cosponsors: 3 Democrats.
-
Gregg JohnsonD Primary sponsor · District 72
All 3 cosponsors
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.