Illinois General Assembly - Bill Status for HB3155

Synopsis As Introduced
Amends the Illinois Secure Choice Savings Program Act. Provides that the Illinois Secure Choice Savings Board shall determine the number and duties of staff members needed to administer the Illinois Secure Choice Savings Program and assemble such a staff in collaboration with the State Treasurer. Provides that the Board shall keep investment fees (rather than total annual expenses) as low as possible, but in no event shall they exceed 0.25% (rather than 0.75%). Provides that the Board may charge administrative fees, established by rule, that shall be consistent with industry standards. Provides that the definition of "employer" does not include the federal government, the State, any county, any municipal corporation, or any of the State's units or instrumentalities. Makes other changes. Effective immediately.

Actions

Date	Chamber	Action
2/16/2023	House	Filed with the Clerk by Rep. Bob Morgan
2/17/2023	House	First Reading
2/17/2023	House	Referred to Rules Committee
2/23/2023	House	Assigned to State Government Administration Committee
3/1/2023	House	Do Pass / Short Debate State Government Administration Committee; 009-000-000
3/2/2023	House	Placed on Calendar 2nd Reading - Short Debate
3/16/2023	House	Added Chief Co-Sponsor Rep. Rita Mayfield
3/16/2023	House	Added Chief Co-Sponsor Rep. Ann M. Williams
3/16/2023	House	Added Chief Co-Sponsor Rep. Kelly M. Cassidy
3/16/2023	House	Added Chief Co-Sponsor Rep. Kelly M. Burke
3/16/2023	House	Second Reading - Short Debate
3/16/2023	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/16/2023	House	Added Co-Sponsor Rep. Barbara Hernandez
3/21/2023	House	Added Co-Sponsor Rep. Sue Scherer
3/22/2023	House	Added Co-Sponsor Rep. Margaret Croke
3/22/2023	House	Added Co-Sponsor Rep. Debbie Meyers-Martin
3/22/2023	House	Added Co-Sponsor Rep. Justin Slaughter
3/22/2023	House	Added Co-Sponsor Rep. Lance Yednock
3/22/2023	House	Third Reading - Short Debate - Passed 106-000-003
3/23/2023	Senate	Arrive in Senate
3/23/2023	Senate	Placed on Calendar Order of First Reading
3/23/2023	Senate	Chief Senate Sponsor Sen. David Koehler
3/23/2023	Senate	First Reading
3/23/2023	Senate	Referred to Assignments
4/12/2023	Senate	Approved for Consideration Assignments
4/12/2023	Senate	Placed on Calendar Order of 2nd Reading April 18, 2023
4/20/2023	Senate	Second Reading
4/20/2023	Senate	Placed on Calendar Order of 3rd Reading April 25, 2023
5/5/2023	Senate	Third Reading - Passed; 036-016-000
5/5/2023	House	Passed Both Houses
6/2/2023	House	Sent to the Governor
6/9/2023	House	Governor Approved
6/9/2023	House	Effective Date June 9, 2023
6/9/2023	House	Public Act . . . . . . . . . 103-0043

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