Bill Title: 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.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Vetoed) 2018-11-28 - Bill Dead - No Positive Action Taken - Amendatory Veto [HB4923 Detail]

Text: Latest bill text (Veto Message) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Representative Barbara Currie [D]	Primary	Sponsored Bills	HD-025	FollowTheMoney	Ballotpedia	VoteSmart
Senator Daniel Biss [D]	Primary	Sponsored Bills	SD-009	FollowTheMoney	Ballotpedia	VoteSmart
Senator Patricia Van Pelt [D]	Cosponsor	Sponsored Bills	SD-005	FollowTheMoney	Ballotpedia	VoteSmart
Senator Cristina Castro [D]	Cosponsor	Sponsored Bills	SD-022	FollowTheMoney	Ballotpedia	VoteSmart

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