Illinois Senate Bill 1233

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on March 23 2023 - 50% progression
Action: 2023-06-26 - House Floor Amendment No. 2 Motion to Concur Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Engrossed) [HTML]

Reinserts the contents of the engrossed bill with the following changes. Provides that the amendatory provisions do not apply to the Chicago school district. Provides that the amendatory provisions apply to a school district with a population of 575 or more teachers that maintain a 457 plan, including a plan established under provisions of the Illinois Pension Code concerning an optional defined contribution benefit. Provides that every applicable school district shall make available to participants more than one financial institution or investment provider to provide services to the school district's 457 plan. Provides that a financial institution or investment provider, by entering into a written agreement, may offer or provide services to a plan offered, established, or maintained by a school district (instead of established or maintained by a school district). Provides that each school district that offers (instead of provides) a 457 plan shall make available to participants more than one financial institution or investment provider that has not entered into a written agreement to provide administration services and that provides services to a 457 plan offered to school districts (instead of that has not entered into a written agreement and that provides services to the school district's 457 plan). Provides that a financial institution or investment provider shall cover all plan administration costs relating to the administration of the 457 plan (instead of relating to the 457 plan). Provides that nothing in the amendatory provisions shall apply to or impact the optional defined contribution benefit established by the Teachers' Retirement System of the State of Illinois under the Illinois Pension Code. Sets forth provisions regarding sharing plan data. Makes grammatical and typographical corrections.

SCH CD-RETIREMENT PLANS

Sen. Michael Halpin [D]

Rep. Stephanie Kifowit [D]

2023-05-16 - House - Third Reading in House (Y: 114 N: 0 NV: 1 Abs: 0) [PASS]
2023-03-23 - Senate - Third Reading in Senate (Y: 54 N: 0 NV: 5 Abs: 0) [PASS]

Date	Chamber	Action
2023-06-26	Senate	House Floor Amendment No. 2 Motion to Concur Referred to Assignments
2023-06-26	Senate	House Floor Amendment No. 1 Motion to Concur Referred to Assignments
2023-06-26	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2023-05-17	Senate	House Floor Amendment No. 2 Motion to Concur Assignments Referred to Senate Special Committee on Pensions
2023-05-17	Senate	House Floor Amendment No. 1 Motion to Concur Assignments Referred to Senate Special Committee on Pensions
2023-05-17	Senate	House Floor Amendment No. 2 Motion to Concur Referred to Assignments
2023-05-17	Senate	House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Michael W. Halpin
2023-05-17	Senate	House Floor Amendment No. 1 Motion to Concur Referred to Assignments
2023-05-17	Senate	House Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Michael W. Halpin
2023-05-16	Senate	Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - May 17, 2023
2023-05-16	Senate	Secretary's Desk - Concurrence House Amendment(s) 1, 2
2023-05-16	House	Third Reading - Short Debate - Passed 114-000-001
2023-05-16	House	Placed on Calendar Order of 3rd Reading - Short Debate
2023-05-16	House	House Floor Amendment No. 2 Adopted
2023-05-16	House	House Floor Amendment No. 1 Adopted
2023-05-12	House	Third Reading/Final Action Deadline Extended-9(b) May 19, 2023
2023-05-11	House	House Floor Amendment No. 2 Recommends Be Adopted Personnel & Pensions Committee; 009-000-000
2023-05-10	House	Held on Calendar Order of Second Reading - Short Debate
2023-05-10	House	Second Reading - Short Debate
2023-05-09	House	House Floor Amendment No. 2 Rules Refers to Personnel & Pensions Committee
2023-05-05	House	House Floor Amendment No. 2 Referred to Rules Committee
2023-05-05	House	House Floor Amendment No. 2 Filed with Clerk by Rep. Stephanie A. Kifowit
2023-05-04	House	House Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 008-000-000
2023-05-03	House	House Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee
2023-05-02	House	House Floor Amendment No. 1 Referred to Rules Committee
2023-05-02	House	House Floor Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit
2023-04-20	House	Placed on Calendar 2nd Reading - Short Debate
2023-04-20	House	Do Pass / Short Debate Personnel & Pensions Committee; 006-002-000
2023-04-11	House	Assigned to Personnel & Pensions Committee
2023-03-23	House	Referred to Rules Committee
2023-03-23	House	First Reading
2023-03-23	House	Chief House Sponsor Rep. Stephanie A. Kifowit
2023-03-23	House	Arrived in House
2023-03-23	Senate	Third Reading - Passed; 054-000-000
2023-03-22	Senate	Placed on Calendar Order of 3rd Reading March 23, 2023
2023-03-22	Senate	Second Reading
2023-03-10	Senate	Placed on Calendar Order of 2nd Reading March 21, 2023
2023-03-10	Senate	Do Pass as Amended Senate Special Committee on Pensions; 010-000-000
2023-03-09	Senate	Senate Committee Amendment No. 1 Adopted; Senate Special Committee on Pensions
2023-03-07	Senate	Senate Committee Amendment No. 1 Assignments Refers to Senate Special Committee on Pensions
2023-03-03	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2023-03-03	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Halpin
2023-02-22	Senate	Postponed - Senate Special Committee on Pensions
2023-02-07	Senate	Assigned to Senate Special Committee on Pensions
2023-02-02	Senate	Referred to Assignments
2023-02-02	Senate	First Reading
2023-02-02	Senate	Filed with Secretary by Sen. Michael W. Halpin

Chapter	Article	Section	Citation Type	Statute Text
105	5	22-95	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1233&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB1233.htm
Text	https://www.ilga.gov/legislation/103/SB/10300SB1233eng.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB1233sam001.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB1233ham001.htm
Amendment	https://www.ilga.gov/legislation/103/SB/10300SB1233ham002.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/103/senate/10300SB1233_03232023_004000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/103/house/10300SB1233_05162023_005000T.pdf