IL HB4719 | 2023-2024 | 103rd General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on July 19 2024 - 100% progression
Action: 2024-07-19 - Public Act . . . . . . . . . 103-0681
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on July 19 2024 - 100% progression
Action: 2024-07-19 - Public Act . . . . . . . . . 103-0681
Text: Latest bill text (Chaptered) [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.
Title
SECURE CHOICE PROGRAM-PLANS
Sponsors
| Rep. Kimberly Du Buclet [D] | Rep. Diane Blair-Sherlock [D] | Sen. Michael Halpin [D] | Sen. Laura Murphy [D] |
Roll Calls
2024-05-15 - Senate - Third Reading in Senate (Y: 56 N: 0 NV: 3 Abs: 0) [PASS]
2024-04-17 - House - Third Reading in House (Y: 107 N: 0 NV: 2 Abs: 1) [PASS]
2024-04-17 - House - Third Reading in House (Y: 107 N: 0 NV: 2 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-07-19 | House | Public Act . . . . . . . . . 103-0681 |
| 2024-07-19 | House | Effective Date January 1, 2025 |
| 2024-07-19 | House | Governor Approved |
| 2024-06-13 | House | Sent to the Governor |
| 2024-05-15 | Senate | Added as Alternate Co-Sponsor Sen. Laura M. Murphy |
| 2024-05-15 | House | Passed Both Houses |
| 2024-05-15 | Senate | Third Reading - Passed; 056-000-000 |
| 2024-05-08 | Senate | Placed on Calendar Order of 3rd Reading May 8, 2024 |
| 2024-05-08 | Senate | Second Reading |
| 2024-05-02 | Senate | Placed on Calendar Order of 2nd Reading May 7, 2024 |
| 2024-05-01 | Senate | Do Pass State Government; 007-000-000 |
| 2024-04-30 | Senate | Rule 2-10 Committee Deadline Established As May 10, 2024 |
| 2024-04-24 | Senate | Assigned to State Government |
| 2024-04-18 | Senate | Referred to Assignments |
| 2024-04-18 | Senate | First Reading |
| 2024-04-18 | Senate | Chief Senate Sponsor Sen. Michael W. Halpin |
| 2024-04-18 | Senate | Placed on Calendar Order of First Reading |
| 2024-04-18 | Senate | Arrive in Senate |
| 2024-04-17 | House | Third Reading - Short Debate - Passed 107-000-001 |
| 2024-04-11 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2024-04-11 | House | Second Reading - Short Debate |
| 2024-04-04 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2024-04-03 | House | Do Pass / Short Debate State Government Administration Committee; 009-000-000 |
| 2024-04-03 | House | Added Co-Sponsor Rep. Diane Blair-Sherlock |
| 2024-03-12 | House | Assigned to State Government Administration Committee |
| 2024-02-06 | House | Referred to Rules Committee |
| 2024-02-06 | House | First Reading |
| 2024-02-02 | House | Filed with the Clerk by Rep. Kimberly Du Buclet |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 820 | 80 | 60 | Amended Code | Citation Text |
| 820 | 80 | 85 | Amended Code | Citation Text |
