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<xml>
<title>Illinois General Assembly - Bill Status for SB 1534         </title>
<shortdesc>DEFERRED COMP-ROTH ROLLOVERS</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Chapin Rose</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Jil Tracy-Adam Brown-Pam Roth, Jack D. Franks, Keith Farnham, Carol A. Sente and Linda Chapa LaVia)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/16/2013</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 98-0491</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/24-105.1</reference><aliasreference></aliasreference><SynopsisText>Amends the Deferred Compensation Article of the Illinois Pension Code. Provides that to the extent that federal law or regulations have been changed to allow plans established under Section 457 of the Internal Revenue Code to be amended to allow designated Roth contributions and in-plan rollovers to designated Roth accounts, the Department of Central Management Services and units of local government with such plans shall within a reasonable time amend their plans accordingly.</SynopsisText></synopsis>
<actions>
<statusdate>2/13/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Chapin Rose</action>
<statusdate>2/13/2013</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/13/2013</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/27/2013</statusdate><chamber>Senate</chamber><action>Assigned to State Government and Veterans Affairs</action>
<statusdate>3/6/2013</statusdate><chamber>Senate</chamber><action>Do Pass State Government and Veterans Affairs;  011-000-000</action>
<statusdate>3/6/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 7, 2013</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/13/2013</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 14, 2013</action>
<statusdate>4/10/2013</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 053-000-000</action>
<statusdate>4/10/2013</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/10/2013</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Jil Tracy</action>
<statusdate>4/11/2013</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Adam Brown</action>
<statusdate>4/11/2013</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/11/2013</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/6/2013</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>5/10/2013</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 24, 2013</action>
<statusdate>5/16/2013</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Personnel and Pensions Committee;  009-000-000</action>
<statusdate>5/16/2013</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/17/2013</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/17/2013</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/22/2013</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Pam Roth</action>
<statusdate>5/22/2013</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 117-000-000</action>
<statusdate>5/22/2013</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jack D. Franks</action>
<statusdate>5/22/2013</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Keith Farnham</action>
<statusdate>5/22/2013</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Carol A. Sente</action>
<statusdate>5/22/2013</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>5/22/2013</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/20/2013</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/16/2013</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/16/2013</statusdate><chamber>Senate</chamber><action>Effective Date January 1, 2014</action>
<statusdate>8/16/2013</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 98-0491</action>
</actions>
</xml>

