Fabio
5.1 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||
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| Bill | SECURE CHOICE SAVINGS OPTION | Amends the Illinois Secure Choice Savings Program Act. Provides that an investment option may be a conservative fund rather than a conservative principal protection fund. Provides that the Illinois Secure Choice Savings Board may establish deadlines for payment of payroll deductions to the Fund and enter agreements to permit residents of other states to participate in the program. Includes a traditional IRA within the definition of the term "IRA". Provides for audits on a fiscal year basis rather than a calendar year basis and report by the following January rather than July. Requires the Treasurer to prepare annual reports on benefits provided by the Program and post the report on the Program website. Effective immediately. | us/states/il | Illinois General Assembly | 101st | SB 1787 | Illinois SB 1787 (101st) |
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enacted | 3 | 24 | 2 | 2019-02-15 | 2019-08-09 | openstates | ocd-bill/abdc78d6-fbf3-4fee-8373-76d3041f6ac1 | http://ilga.gov/legislation/BillStatus.asp?DocNum=1787&GAID=15&DocTypeID=SB&LegId=119274&SessionID=108&GA=101 | a11039ee297e8d88700cf2b4632a602b5062db2da88a54deabfd08322bb007d4 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Illinois SB 1787 (101st) — SECURE CHOICE SAVINGS OPTION
Amends the Illinois Secure Choice Savings Program Act. Provides that an investment option may be a conservative fund rather than a conservative principal protection fund. Provides that the Illinois Secure Choice Savings Board may establish deadlines for payment of payroll deductions to the Fund and enter agreements to permit residents of other states to participate in the program. Includes a traditional IRA within the definition of the term "IRA". Provides for audits on a fiscal year basis rather than a calendar year basis and report by the following January rather than July. Requires the Treasurer to prepare annual reports on benefits provided by the Program and post the report on the Program website. Effective immediately.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Votes
- Third Reading — 54–0 (pass) · upper
- Third Reading — 115–0 (pass) · lower
Sponsors
- Omar Aquino — primary (person)
- Robert Martwick — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2019-02-15 Filed with Secretary by Sen. Omar Aquino
filing - 2019-02-15 First Reading
reading-1 - 2019-02-15 Referred to Assignments
referral-committee - 2019-02-27 Assigned to Financial Institutions
referral-committee - 2019-03-06 Do Pass Financial Institutions; 009-000-000
committee-passage - 2019-03-06 Placed on Calendar Order of 2nd Reading
- 2019-03-06 Second Reading
reading-2 - 2019-03-06 Placed on Calendar Order of 3rd Reading March 7, 2019
- 2019-03-13 Third Reading - Passed; 054-000-000
reading-3, passage - 2019-03-13 Arrived in House
introduction - 2019-03-14 Chief House Sponsor Rep. Robert Martwick
- 2019-03-14 First Reading
reading-1 - 2019-03-14 Referred to Rules Committee
referral-committee - 2019-04-09 Assigned to Personnel & Pensions Committee
referral-committee - 2019-05-02 Do Pass / Short Debate Personnel & Pensions Committee; 009-000-000
committee-passage - 2019-05-02 Placed on Calendar 2nd Reading - Short Debate
- 2019-05-16 Second Reading - Short Debate
reading-2 - 2019-05-16 Placed on Calendar Order of 3rd Reading - Short Debate
- 2019-05-23 Third Reading - Short Debate - Passed 115-000-000
reading-3, passage - 2019-05-23 Passed Both Houses
- 2019-06-21 Sent to the Governor
executive-receipt - 2019-08-09 Governor Approved
executive-signature - 2019-08-09 Effective Date August 9, 2019
- 2019-08-09 Public Act . . . . . . . . . 101-0353
became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/abdc78d6-fbf3-4fee-8373-76d3041f6ac1. Confidence: reported (aggregated from official Illinois legislature records).