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HB 2360 Illinois House · 100th Regular Session

SECURE CHOICE SAVINGS PROGRAM

Summary
Amends the Illinois Secure Choice Savings Program Act. Requires the Board to select a default contribution rate within the range of 3% to 6% of an enrollee's wages (rather than 3% of wages). Provides that the Program shall begin during 2018, rather than by July 1, 2017. Provides that the Board shall establish an implementation timeline that ensures that all employees are required to enroll in the Program by December 31, 2020. Provides that the Illinois Secure Choice Savings Program Fund is a instrumentality of the State and not subject to specified provisions of the Illinois Securities Law of 1953. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2017
Committee Review
Mar 2017
House Passage
May 2017
Senate Passage
May 2017
Signed into Law
Jun 2017
Introduced Mar 9, 2017 Signed Jun 30, 2017
Floor votes · Senate May 3, 2017 · House Mar 9, 2017

How they voted

44–0
Passed · 4 other
Total votes 48
May 3, 2017
D Democratic28
27 Yea 1
96% Yea
R Republican20
17 Yea 3
85% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
34
Key actions
5
Committee
6
Jun 30, 2017
Signed into law
Governor Approved
lower
May 3, 2017
Lower · Passed
Passed Both Houses
lower
Mar 29, 2017
Upper · Passed
Do Pass State Government; 007-000-000
upper
Mar 15, 2017
Committee
Assigned to State Government
upper
Mar 9, 2017
Committee
Referred to Assignments
upper
Mar 9, 2017
Introduced
Arrive in Senate
upper
Mar 9, 2017
House · Passed
House Vote: pass (59-30-11)
house
Feb 24, 2017
Lower · Passed
Do Pass / Short Debate Personnel & Pensions Committee; 012-002-000
lower
Feb 14, 2017
Committee
Assigned to Personnel & Pensions Committee
lower
Feb 3, 2017
Committee
Referred to Rules Committee
lower
0 primary · 2 co-sponsors

Sponsors

No sponsor information available.