Illinois General Assembly - Bill Status for SB3019
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 Bill Status of SB3019  101st General Assembly


Short Description:  PEN CD-SURS-OPTIONAL DC PLAN

Senate Sponsors
Sen. Robert F. Martwick

Last Action
DateChamber Action
  1/13/2021SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/15-202


Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Provides that as soon as practicable after the effective date of the amendatory Act, the optional defined contribution plan shall provide for an eligible automatic contribution arrangement that permits a withdrawal of default elective contributions in accordance with a specified provision of the Internal Revenue Code of 1986, as amended, and United States Department of Treasury regulations promulgated thereunder. Changes references from "defined contribution benefit" to "defined contribution plan". Effective immediately.

Actions 
DateChamber Action
  2/5/2020SenateFiled with Secretary by Sen. Robert F. Martwick
  2/5/2020SenateFirst Reading
  2/5/2020SenateReferred to Assignments
  2/11/2020SenateAssigned to Government Accountability and Ethics
  2/19/2020SenateDo Pass Government Accountability and Ethics; 012-000-000
  2/19/2020SenatePlaced on Calendar Order of 2nd Reading February 20, 2020
  2/20/2020SenateSecond Reading
  2/20/2020SenatePlaced on Calendar Order of 3rd Reading February 25, 2020
  3/5/2020SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
  3/5/2020SenateSenate Floor Amendment No. 1 Referred to Assignments
  3/25/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
  4/12/2020SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  4/23/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
  4/30/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
  5/7/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
  5/15/2020SenateRule 2-10 Third Reading/Passage Deadline Established As May 31, 2020
  1/13/2021SenateSession Sine Die

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