Indiana House Bill 1075 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 26 2014 - 100% progression
Action: 2014-03-26 - Public Law 177
Text: Latest bill text (Enrolled) [PDF]

Provides that the board of trustees (board) of the Indiana public retirement system may not, before January 1, 2017, enter into an agreement with a third party provider to provide annuities to retiring and retired members of the public employees' retirement fund (PERF) and the teachers' retirement fund (TRF). Specifies the interest rate used to determine the annuity amount is: (1) 5.75%, after September 30, 2014, and before October 1, 2015 and (2) the greater of: (A) the interest rate for similar annuities being purchased in the private market as determined by the board; or (B) 4.5%; after September 30, 2015, and before January 1, 2017. Provides that, after December 31, 2016, whenever the board enters into an agreement with a third party provider, the interest rate used to determine the annuity amount is equal to the rate for similar annuities being purchased in the private market as recommended by the third party provider. Removes language terminating an annual pension paid to the surviving spouse of a governor if the surviving spouse remarries. Increases from 3% to 5% the maximum percentage of a state employee's base salary that may be deducted as an automatic contribution to the state's deferred compensation plan.

Public pensions.

Rep. Charles Burton [R]	Rep. Ronald Bacon [R]	Rep. Charles Moseley [D]	Sen. David Niezgodski [D]
Sen. Lonnie Randolph [D]

2014-03-13 - Senate - Senate - Conference Committee Report 1 adopted (Y: 42 N: 5 NV: 1 Abs: 2) [PASS]
2014-03-13 - House - House - Rules Suspended. Conference Committee Report 1 adopted (Y: 89 N: 0 NV: 0 Abs: 11) [PASS]
2014-02-27 - Senate - Senate Floor - (Y: 39 N: 8 NV: 1 Abs: 2) [PASS]
2014-02-25 - Senate - Senate Floor - (Y: 37 N: 10 NV: 0 Abs: 3) [PASS]
2014-02-19 - Senate - Senate Committee on Pensions and Labor - Roll Call 107504 (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2014-01-30 - House - House Floor - (Y: 83 N: 0 NV: 1 Abs: 16) [PASS]
2014-01-29 - House - House Floor - (Y: 91 N: 0 NV: 1 Abs: 8) [PASS]
2014-01-23 - House - House Committee on Ways and Means - Roll Call 107502 (Y: 15 N: 5 NV: 0 Abs: 4) [PASS]
2014-01-14 - House - House Committee on Employment, Labor and Pensions - Roll Call 107501 (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2014-03-26	House	Public Law 177
2014-03-26	House	Signed by the Governor
2014-03-18	Senate	Signed by the President of the Senate
2014-03-14	House	Signed by the Speaker
2014-03-14	Senate	Signed by the President Pro Tempore
2014-03-13	House	Rules Suspended. Conference Committee Report 1 adopted; Roll Call 525: yeas 89 and nays 0
2014-03-13	Senate	Rules Suspended. Conference Committee Report 1 adopted; Roll Call 452: yeas 42 and nays 5
2014-03-13	Senate	Senator Kenley added as conferee
2014-03-13	Senate	Senator Walker removed as conferee
2014-03-04	Senate	Senator Becker added as advisor
2014-03-04	Senate	Senator Skinner added as advisor
2014-03-04	Senate	Senator Boots added as advisor
2014-03-04	Senate	Senator Tallian added as conferee
2014-03-04	Senate	Senator Walker added as conferee
2014-03-04	House	Representative Burton added as conferee
2014-03-04	House	Representative Niezgodski added as conferee
2014-03-04	House	Representative Moseley added as advisor
2014-03-04	House	Representative Karickhoff added as advisor
2014-03-04	House	House dissented from Senate Amendments
2014-02-27	Senate	Returned to the House with amendments
2014-02-27	Senate	Third reading: Passed: Roll Call 255: yeas 39 and nays 8
2014-02-27	Senate	Senator Randolph added as cosponsor.
2014-02-25	Senate	Second reading: amended, ordered engrossed.
2014-02-25	Senate	HB 1075 Amendment #3 (Walker), prevailed.
2014-02-25	Senate	HB 1075 Amendment #1 (Tallian), failed.
2014-02-25	Senate	HB 1075 Amendment #4 (Boots), prevailed.
2014-02-25	Senate	HB 1075 Amendment #5 (Kenley), prevailed.
2014-02-20	Senate	Committee report: amend do pass, adopted.
2014-02-04	Senate	First Reading: Referred to Pensions and Labor
2014-01-30	House	Senator Becker added as third sponsor.
2014-01-30	House	Senator Tallian added as second sponsor.
2014-01-30	House	Senator Walker added as first sponsor.
2014-01-30	House	Referred to the Senate
2014-01-30	House	Third reading: Passed: Roll Call 141: yeas 83 and nays 0
2014-01-29	House	HB 1075 Amendment #5 (Porter), prevailed.
2014-01-29	House	HB 1075 Amendment #7 (Brown, T.), prevailed.
2014-01-29	House	Second reading: amended, ordered engrossed
2014-01-27	House	Committee report: do pass amend, adopted.
2014-01-16	House	Representative Bacon added as coauthor.
2014-01-15	House	Representative Moseley added as coauthor.
2014-01-14	House	Referred to Ways and Means pursuant to House Rule 127
2014-01-14	House	Committee report: do pass amend, adopted.
2014-01-09	House	First Reading: Referred to Employment, Labor and Pensions
2014-01-09	House	Coauthored by Representative Niezgodski
2014-01-09	House	Authored by Representative Burton.

Type	Source
Summary	https://iga.in.gov/legislative/2014/bills/house/1075/details
Text	http://iga.in.gov/static-documents/9/7/d/f/97df7262/HB1075.01.INTR.pdf
Text	http://iga.in.gov/static-documents/d/8/b/8/d8b8dd09/HB1075.02.COMH.pdf
Text	http://iga.in.gov/static-documents/d/f/9/e/df9ea60d/HB1075.03.COMH.pdf
Text	http://iga.in.gov/static-documents/d/1/f/8/d1f8b92d/HB1075.02.COMH.pdf
Text	http://iga.in.gov/static-documents/2/1/7/c/217c98f0/HB1075.04.ENGH.pdf
Text	http://iga.in.gov/static-documents/d/0/0/3/d003cd00/HB1075.03.COMH.pdf
Text	http://iga.in.gov/static-documents/c/a/8/7/ca87ca55/HB1075.04.ENGH.pdf
Text	http://iga.in.gov/static-documents/9/8/9/0/9890b984/HB1075.05.COMS.pdf
Text	http://iga.in.gov/static-documents/5/1/3/0/5130a042/HB1075.05.COMS.pdf
Text	http://iga.in.gov/static-documents/6/7/8/a/678a30a3/HB1075.06.ENGS.pdf
Text	http://iga.in.gov/static-documents/6/2/d/e/62def5e5/HB1075.06.ENGS.pdf
Text	http://iga.in.gov/static-documents/a/7/b/d/a7bd1303/HB1075.07.ENRH.pdf
Roll Call	http://iga.in.gov/static-documents/c/7/a/8/c7a819a3/HB1075.01.INTR.pdf
Roll Call	http://iga.in.gov/static-documents/a/2/8/9/a289fdd1/HB1075.03.COMH.115.pdf
Roll Call	http://iga.in.gov/static-documents/8/c/2/b/8c2bc2ee/HB1075.04.ENGH.141.pdf
Roll Call	http://iga.in.gov/static-documents/6/a/b/e/6abeb6c3/HB1075.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/f/4/6/2/f4622afc/HB1075.04.ENGH.pdf
Roll Call	http://iga.in.gov/static-documents/7/3/1/5/73154ea5/HB1075.05.COMS.233.pdf
Roll Call	http://iga.in.gov/static-documents/e/c/d/c/ecdc7e2a/HB1075.06.ENGS.255.pdf
Roll Call	http://iga.in.gov/static-documents/e/8/2/3/e823bced/HB1075.06.ENGS.525.pdf
Roll Call	http://iga.in.gov/static-documents/3/9/a/0/39a08fd2/HB1075.06.ENGS.452.pdf