IL SB3811 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 14 2020 - 25% progression
Action: 2020-03-23 - Added as Co-Sponsor Sen. Laura Fine
Pending: Senate State Government Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Secure Choice Savings Program Act. Provides that the Act applies to employers with at least one employee, rather than fewer than 25 employees. Provides for automatic increases in contributions. Makes changes regarding penalties for employers who fail, without reasonable cause, to enroll an employee in the Program. Provides that, for purposes of the penalties, the Department of Revenue shall determine total employee count for employers using the annual average from employer-reported quarterly data. Provides that the Department may provide notice regarding penalties in an electronic format to be determined by the Department. Provides that penalty provisions shall become operative by January 1, 2021, rather than 9 months after the Illinois Secure Choice Savings Board notifies the Director of Revenue that the Program has been implemented.

Tracking Information

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Title

SECURE CHOICE SAVINGS PROGRAM

Sponsors


History

DateChamberAction
2020-03-23SenateAdded as Co-Sponsor Sen. Laura Fine
2020-03-12SenateAssigned to State Government
2020-02-27SenateAdded as Co-Sponsor Sen. Heather A. Steans
2020-02-27SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
2020-02-26SenateAdded as Chief Co-Sponsor Sen. Omar Aquino
2020-02-14SenateReferred to Assignments
2020-02-14SenateFirst Reading
2020-02-14SenateFiled with Secretary by Sen. Robert F. Martwick

Code Citations

ChapterArticleSectionCitation TypeStatute Text
8208030Amended CodeCitation Text
820805Amended CodeCitation Text
8208060Amended CodeCitation Text
8208085Amended CodeCitation Text

Illinois State Sources


Bill Comments

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