FL H7011 | 2013 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on April 2 2013 - 50% progression, died in chamber
Action: 2013-05-03 - Died on Calendar
Text: Latest bill text (Comm Sub) [PDF]

Summary

Limits ability of members of optional retirement program to transfer to FRS; provides for compulsory membership in FRS Investment Plan for employees initially enrolled after specified date; provides for compulsory membership in investment plan for certain employees; prohibits certain membership in Senior Management Service Class or Senior Management Service Optional Annuity Program; provides that certain participants in optional retirement program for State University System have choice between optional retirement program & FRS Investment Plan; requires SBA to develop investment products to be offered in investment plan; requires SBA to provide self-directed brokerage account as investment option; requires state board to contract with provider to provide self-directed brokerage account investment option; provides self-directed brokerage account requirements; deletes obligation of system employers to communicate existence of both retirement plans; provides additional death benefit to specified members of the Special Risk Class; limits disability benefits to eligible members; adjusts required employer contribution rates for unfunded actuarial liability of FRS for select classes; provides that act fulfills important state interest; requires SBA & DMS to request determination letter from IRS.

Tracking Information

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Title

Florida Retirement System

Sponsors


Roll Calls

2013-04-30 - Senate - Senate: Third Reading RCS#36 (Y: 18 N: 22 NV: 0 Abs: 0) [FAIL]
2013-03-22 - House - House: Third Reading RCS#23 (Y: 74 N: 42 NV: 3 Abs: 0) [PASS]
2013-03-22 - House - House: Third Reading RCS#22 (Y: 115 N: 0 NV: 4 Abs: 0) [PASS]

History

DateChamberAction
2013-05-03SenateDied on Calendar
2013-04-30SenateTemporarily postponed on 2nd reading; On Unfinished Business
2013-04-30SenateAmendment(s) pending (750668)
2013-04-30SenateRead 2nd time
2013-04-30SenateSubstituted for CS/CS/SB 1392
2013-04-30SenatePlaced on Calendar, on 2nd reading
2013-04-30SenateWithdrawn from Governmental Oversight and Accountability; Community Affairs; Appropriations
2013-04-03SenateReferred to Governmental Oversight and Accountability; Community Affairs; Appropriations
2013-04-03SenateReceived
2013-04-02SenateIn Messages
2013-03-22HouseCS passed; YEAS 74 NAYS 42
2013-03-22HouseRead 3rd time
2013-03-21HousePlaced on 3rd reading
2013-03-21HouseRead 2nd time
2013-03-19HousePlaced on Special Order Calendar, 03/21/13
2013-03-18HousePlaced on Calendar
2013-03-15HouseCS/CS by State Affairs Committee read 1st time
2013-03-15HousePending review of CS -under Rule 7.19(c)
2013-03-14HouseCS/CS by- State Affairs Committee; YEAS 12 NAYS 6
2013-03-12HouseOn Committee agenda-- State Affairs Committee, 03/14/13, 9:00 am, Morris Hall
2013-03-11HouseCS by Appropriations Committee read 1st time
2013-03-11HouseNow in State Affairs Committee
2013-03-11HousePending review of CS under Rule 7.19(c)
2013-03-08HouseCS by Appropriations Committee; YEAS 13 NAYS 9
2013-03-06HouseOn Committee agenda-- Appropriations Committee, 03/08/13, 10:00 am, Webster Hall
2013-03-05HouseIntroduced
2013-02-20HouseReferred to Appropriations Committee; State Affairs Committee
2013-02-07HouseFiled

Same As/Similar To

S1392 (Similar To) 2013-04-30 - Laid on Table

Code Citations

ChapterArticleSectionCitation TypeStatute Text
121051Amended CodeSee Bill Text
121052Amended CodeSee Bill Text
121055Amended CodeSee Bill Text
12135Amended CodeSee Bill Text
1214501Amended CodeSee Bill Text
121591Amended CodeSee Bill Text
12171Amended CodeSee Bill Text
238072Amended CodeSee Bill Text
413051Amended CodeSee Bill Text

Florida State Sources

TypeSource
Summaryhttp://www.flsenate.gov/Session/Bill/2013/7011
Texthttp://www.flsenate.gov/Session/Bill/2013/7011/BillText/Filed/PDF
Texthttp://www.flsenate.gov/Session/Bill/2013/7011/BillText/c1/PDF
Texthttp://www.flsenate.gov/Session/Bill/2013/7011/BillText/c2/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/756889/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/103773/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/210427/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/417309/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/805139/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/299145/PDF
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/773000/HTML
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/677732/HTML
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/750668/HTML
Amendmenthttp://www.flsenate.gov/Session/Bill/2013/7011/Amendment/268786/HTML
Roll Callhttp://www.flsenate.gov/Session/Bill/2013/7011/FloorVotes/x%2FZlOgMUQsVZgY7EOXiG2ZGJKj0%3D%7C14%2FPublic%2FVotes%2FBill%2F20130322%2FHouseVote%5Fh7011c2022%2EPDF
Roll Callhttp://www.flsenate.gov/Session/Bill/2013/7011/FloorVotes/6Po12SHPJiArZ9eOfq2zWoulqOk%3D%7C14%2FPublic%2FVotes%2FBill%2F20130322%2FHouseVote%5Fh7011c2023%2EPDF
Roll Callhttp://www.flsenate.gov/Session/Bill/2013/7011/FloorVotes/2KswvzAmSNdxiPrt6yJkzVWrUfY%3D%7C14%2FPublic%2FVotes%2FAmendment%2F20130430%2FSenateVote%5Fh7011c2036%2EPDF

Bill Comments

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