Bill Status of HB 2778   104th General Assembly


Short Description:  BD HIGHR ED-FINANCIAL LITERACY

House Sponsors
Rep. Stephanie A. Kifowit

Last Action  View All Actions

DateChamber Action
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
110 ILCS 205/9.45 new

Synopsis As Introduced
Amends the Board of Higher Education Act. Provides that, subject to appropriation, the Board of Higher Education shall award a grant to a statewide association of public pension funds affiliated with a public institution of higher education to develop and deliver an in-person financial literacy training program for public employees. Provides that the program shall consist of in-person training regarding retirement income, including pension benefits, Social Security benefits, and employer-sponsored deferred compensation and retiree healthcare savings plans and shall also include instruction in financial planning and important elements of consumer finance, such as debt, educational savings, budgeting, and related subjects. Provides that the program shall include recorded programs to assist public employees who work on nontraditional shift assignments.

Actions 
DateChamber Action
  2/5/2025HouseFiled with the Clerk by Rep. Stephanie A. Kifowit
  2/6/2025HouseFirst Reading
  2/6/2025HouseReferred to Rules Committee
  3/4/2025HouseAssigned to Appropriations-Higher Education Committee
  3/21/2025HouseRule 19(a) / Re-referred to Rules Committee

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