IL SB2568 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on April 26 2023 - 25% progression
Action: 2024-06-26 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Introduced on April 26 2023 - 25% progression
Action: 2024-06-26 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Amends the School Code. Provides that a school district that offers to the school district's employees a retirement savings plan under Section 403(b) of the Internal Revenue Code of 1986 may enter into a contract with only one vendor to administer the plan. Provides that a vendor shall be selected, with the approval of the employees' exclusive bargaining representative, if any, or a committee of the employees' exclusive bargaining representatives, through a competitive bidding process. Limits contracts with vendors to no more than 7 years. Provides that school districts that, on the effective date of the amendatory Act, have a contract with a vendor shall, by no later than July 1, 2026, begin the competitive bidding process. Provides that the renewal or extension of a contract with a vendor that is in effect on the effective date of the amendatory Act is subject to the competitive bidding process.
Title
SCH CD-RETIREMENT SAVINGS PLAN
Sponsors
| Sen. Karina Villa [D] | Sen. Robert Martwick [D] | Sen. Emil Jones [D] | Sen. Mike Porfirio [D] |
| Sen. Mary Edly-Allen [D] | Sen. Javier Cervantes [D] | Sen. Sara Feigenholtz [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-06-26 | Senate | Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 2024-06-26 | Senate | Senate Floor Amendment No. 5 Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 2024-06-26 | Senate | Senate Floor Amendment No. 4 Pursuant to Senate Rule 3-9(b) / Referred to Assignments |
| 2024-05-25 | Senate | Rule 2-10 Third Reading Deadline Established As May 26, 2024 |
| 2024-05-24 | Senate | Rule 2-10 Third Reading Deadline Established As May 25, 2024 |
| 2024-05-21 | Senate | Sponsor Removed Sen. Sue Rezin |
| 2024-05-17 | Senate | Rule 2-10 Third Reading Deadline Established As May 24, 2024 |
| 2024-05-16 | Senate | Added as Co-Sponsor Sen. Sara Feigenholtz |
| 2024-05-16 | Senate | Added as Co-Sponsor Sen. Sue Rezin |
| 2024-05-16 | Senate | Added as Co-Sponsor Sen. Javier L. Cervantes |
| 2024-05-15 | Senate | Added as Co-Sponsor Sen. Mary Edly-Allen |
| 2024-05-15 | Senate | Added as Co-Sponsor Sen. Mike Porfirio |
| 2024-05-15 | Senate | Senate Floor Amendment No. 6 Recommend Do Adopt Labor; 011-003-000 |
| 2024-05-14 | Senate | Added as Co-Sponsor Sen. Emil Jones, III |
| 2024-05-14 | Senate | Senate Floor Amendment No. 6 Assignments Refers to Labor |
| 2024-05-10 | Senate | Rule 2-10 Third Reading Deadline Established As May 17, 2024 |
| 2024-05-07 | Senate | Senate Floor Amendment No. 6 Referred to Assignments |
| 2024-05-07 | Senate | Senate Floor Amendment No. 6 Filed with Secretary by Sen. Karina Villa |
| 2024-05-07 | Senate | Placed on Calendar Order of 3rd Reading May 8, 2024 |
| 2024-05-07 | Senate | Senate Floor Amendment No. 3 Withdrawn by Sen. Karina Villa |
| 2024-05-07 | Senate | Second Reading |
| 2024-05-07 | Senate | Senate Floor Amendment No. 5 Assignments Refers to Labor |
| 2024-05-03 | Senate | Rule 2-10 Third Reading Deadline Established As May 10, 2024 |
| 2024-04-30 | Senate | Senate Floor Amendment No. 5 Referred to Assignments |
| 2024-04-30 | Senate | Senate Floor Amendment No. 5 Filed with Secretary by Sen. Karina Villa |
| 2024-04-19 | Senate | Rule 2-10 Third Reading Deadline Established As May 3, 2024 |
| 2024-04-17 | Senate | Senate Floor Amendment No. 4 Assignments Refers to Labor |
| 2024-04-17 | Senate | Senate Floor Amendment No. 3 Recommend Do Adopt Labor; 011-001-000 |
| 2024-04-17 | Senate | Senate Floor Amendment No. 4 Referred to Assignments |
| 2024-04-17 | Senate | Senate Floor Amendment No. 4 Filed with Secretary by Sen. Karina Villa |
| 2024-04-16 | Senate | Senate Floor Amendment No. 3 Assignments Refers to Labor |
| 2024-04-16 | Senate | Senate Floor Amendment No. 3 Referred to Assignments |
| 2024-04-16 | Senate | Senate Floor Amendment No. 3 Filed with Secretary by Sen. Karina Villa |
| 2024-04-12 | Senate | Rule 2-10 Third Reading Deadline Established As April 19, 2024 |
| 2024-02-21 | Senate | Placed on Calendar Order of 2nd Reading February 22, 2024 |
| 2024-02-21 | Senate | Do Pass as Amended Labor; 012-004-000 |
| 2024-02-21 | Senate | Senate Committee Amendment No. 1 Adopted |
| 2024-02-21 | Senate | Added as Chief Co-Sponsor Sen. Robert F. Martwick |
| 2024-02-20 | Senate | Senate Committee Amendment No. 2 Referred to Assignments |
| 2024-02-20 | Senate | Senate Committee Amendment No. 2 Filed with Secretary by Sen. Karina Villa |
| 2024-02-20 | Senate | Senate Committee Amendment No. 1 Assignments Refers to Labor |
| 2024-02-14 | Senate | Senate Committee Amendment No. 1 Referred to Assignments |
| 2024-02-14 | Senate | Senate Committee Amendment No. 1 Filed with Secretary by Sen. Karina Villa |
| 2024-02-07 | Senate | Postponed - Labor |
| 2024-01-24 | Senate | Assigned to Labor |
| 2023-04-26 | Senate | Referred to Assignments |
| 2023-04-26 | Senate | First Reading |
| 2023-04-26 | Senate | Filed with Secretary by Sen. Karina Villa |
