IL HB4719 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on April 17 2024 - 50% progression
Action: 2024-04-30 - Rule 2-10 Committee Deadline Established As May 10, 2024
Pending: Senate State Government Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Amends the Illinois Secure Choice Savings Program Act. Provides that participating employers may (rather than shall) designate an open enrollment period during which employees who previously opted out of the Secure Choice Savings Program may enroll in the Program. Provides that an employer shall retain the option at all times to set up a qualified retirement plan (rather than any type of employer-sponsored retirement plan). Removes offering an automatic enrollment payroll deduction IRA from a list of qualified retirement plans. Makes conforming changes.

Tracking Information

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Title

SECURE CHOICE PROGRAM-PLANS

Sponsors


Roll Calls

2024-04-17 - House - Third Reading in House (Y: 107 N: 0 NV: 2 Abs: 1) [PASS]

History

DateChamberAction
2024-04-30SenateRule 2-10 Committee Deadline Established As May 10, 2024
2024-04-24SenateAssigned to State Government
2024-04-18SenateReferred to Assignments
2024-04-18SenateFirst Reading
2024-04-18SenateChief Senate Sponsor Sen. Michael W. Halpin
2024-04-18SenatePlaced on Calendar Order of First Reading
2024-04-18SenateArrive in Senate
2024-04-17HouseThird Reading - Short Debate - Passed 107-000-001
2024-04-11HousePlaced on Calendar Order of 3rd Reading - Short Debate
2024-04-11HouseSecond Reading - Short Debate
2024-04-04HousePlaced on Calendar 2nd Reading - Short Debate
2024-04-03HouseDo Pass / Short Debate State Government Administration Committee; 009-000-000
2024-04-03HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock
2024-03-12HouseAssigned to State Government Administration Committee
2024-02-06HouseReferred to Rules Committee
2024-02-06HouseFirst Reading
2024-02-02HouseFiled with the Clerk by Rep. Kimberly Du Buclet

Code Citations

ChapterArticleSectionCitation TypeStatute Text
8208060Amended CodeCitation Text
8208085Amended CodeCitation Text

Illinois State Sources


Bill Comments

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