<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 3019         </title>
<shortdesc>PEN CD-SURS-OPTIONAL DC PLAN</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Robert F. Martwick</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/15-202</reference><aliasreference></aliasreference><SynopsisText>Amends the State Universities Article of the Illinois Pension Code. Provides that as soon as practicable after the effective date of the amendatory Act, the optional defined contribution plan shall provide for an eligible automatic contribution arrangement that permits a withdrawal of default elective contributions in accordance with a specified provision of the Internal Revenue Code of 1986, as amended, and United States Department of Treasury regulations promulgated thereunder. Changes references from "defined contribution benefit" to "defined contribution plan". Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/5/2020</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Robert F. Martwick</action>
<statusdate>2/5/2020</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/5/2020</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/11/2020</statusdate><chamber>Senate</chamber><action>Assigned to Government Accountability and Ethics</action>
<statusdate>2/19/2020</statusdate><chamber>Senate</chamber><action>Do Pass Government Accountability and Ethics;  012-000-000</action>
<statusdate>2/19/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading February 20, 2020</action>
<statusdate>2/20/2020</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>2/20/2020</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading February 25, 2020</action>
<statusdate>3/5/2020</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick</action>
<statusdate>3/5/2020</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>3/25/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020</action>
<statusdate>4/12/2020</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Assignments</action>
<statusdate>4/23/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020</action>
<statusdate>4/30/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020</action>
<statusdate>5/7/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020</action>
<statusdate>5/15/2020</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020</action>
<statusdate>1/13/2021</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

