Illinois General Assembly - Bill Status for SB1826

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Bill Status of SB1826 98th General Assembly

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Short Description: EMPLOYEE DEFERRAL PLAN

Senate Sponsors
Sen. Jeffrey M. Schoenberg - Carole Pankau - Dan Kotowski - Michael Noland and Mattie Hunter

Last Action

Date	Chamber	Action
4/14/2011	Senate	Third Reading - Lost; 019-030-005

Statutes Amended In Order of Appearance

15 ILCS 405/26 new

Synopsis As Introduced
Amends the State Comptroller Act. Authorizes the State Comptroller to create, administer, manage, and operate a supplemental employee deferral plan to supplement and enhance the retirement income of employees of public school districts and community colleges. Sets forth the requirements for a supplemental employee deferral plan.

Senate Committee Amendment No. 1
Further amends the State Comptroller Act. Provides that the Comptroller shall discharge his or her duties with respect to the supplemental employee deferral plan with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character with like aims.

Actions

Date	Chamber	Action
2/9/2011	Senate	Filed with Secretary by Sen. Jeffrey M. Schoenberg
2/9/2011	Senate	First Reading
2/9/2011	Senate	Referred to Assignments
3/2/2011	Senate	Assigned to Pensions and Investments
3/10/2011	Senate	Postponed - Pensions and Investments
3/11/2011	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg
3/11/2011	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/14/2011	Senate	Senate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
3/16/2011	Senate	Senate Committee Amendment No. 1 Adopted
3/17/2011	Senate	Do Pass as Amended Pensions and Investments; 010-000-000
3/17/2011	Senate	Placed on Calendar Order of 2nd Reading March 17, 2011
4/7/2011	Senate	Added as Co-Sponsor Sen. Mattie Hunter
4/7/2011	Senate	Added as Chief Co-Sponsor Sen. Carole Pankau
4/11/2011	Senate	Added as Chief Co-Sponsor Sen. Dan Kotowski
4/11/2011	Senate	Added as Chief Co-Sponsor Sen. Michael Noland
4/11/2011	Senate	Second Reading
4/11/2011	Senate	Placed on Calendar Order of 3rd Reading April 12, 2011
4/14/2011	Senate	Third Reading - Lost; 019-030-005

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