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HB 4923 Illinois House · 100th Regular Session

SECURE CHOICE SAVINGS OPTIONS

Summary
Amends the Illinois Secure Choice Savings Program Act. Provides that an investment option may be a conservative fund rather than a conservative principal protection fund. Provides that the Illinois Secure Choice Savings Board may establish deadlines for payment of payroll deductions to the Fund. Provides for audits on a fiscal year basis rather than a calendar year basis and report by the following January rather than July. Requires the Treasurer to prepare annual reports on benefits provided by the Program and post the report on the Program website. Effective immediately.
Bill status vetoed 4 of 5 stages cleared
Introduction
Apr 2018
Committee Review
May 2018
House Passage
May 2018
Senate Passage
May 2018
Vetoed
Nov 2018
Introduced Apr 23, 2018 Vetoed Nov 28, 2018
Floor votes · Senate May 17, 2018 · House Apr 19, 2018

How they voted

47–0
Passed · 4 other
Total votes 51
May 17, 2018
D Democratic31
28 Yea 3
90% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
35
Key actions
7
Committee
8
Amendments
2
Nov 28, 2018
Vetoed
Bill Dead - No Positive Action Taken - Amendatory Veto
lower
Nov 13, 2018
Vetoed
Placed on Calendar Amendatory Veto
lower
Aug 14, 2018
Vetoed
Governor Amendatory Veto
lower
May 17, 2018
Lower · Passed
Passed Both Houses
lower
May 17, 2018
Senate · Passed
Senate Vote: pass (47-0-4)
senate
May 10, 2018
Upper · Passed
Do Pass State Government; 006-000-000
upper
May 1, 2018
Committee
Assigned to State Government
upper
Apr 23, 2018
Committee
Referred to Assignments
upper
Apr 23, 2018
Introduced
Arrive in Senate
upper
Apr 19, 2018
House · Passed
House Vote: pass (98-0-6)
house
Apr 18, 2018
Lower · Passed
House Floor Amendment No. 1 Adopted
lower
Apr 18, 2018
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
lower
Apr 17, 2018
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
Apr 17, 2018
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Barbara Flynn Currie
lower
Apr 12, 2018
Lower · Passed
Do Pass / Short Debate Personnel & Pensions Committee; 009-000-000
lower
Mar 7, 2018
Committee
Assigned to Personnel & Pensions Committee
lower
Feb 14, 2018
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.