Fabio
134 lines
8.4 KiB
Markdown
134 lines
8.4 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "SECURE CHOICE SAVINGS OPTIONS"
|
||
description: "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."
|
||
jurisdiction: "us/states/il"
|
||
legislature: "Illinois General Assembly"
|
||
session: "101st"
|
||
identifier: "HB 2455"
|
||
citation: "Illinois HB 2455 (101st)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: []
|
||
version_count: 3
|
||
action_count: 62
|
||
vote_count: 3
|
||
first_action: "2019-02-13"
|
||
last_action: "2020-06-08"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/3eb2161a-6634-4452-8585-c5808101f152"
|
||
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=2455&GAID=15&DocTypeID=HB&LegId=118463&SessionID=108&GA=101"
|
||
source_hash: "9502ead251ffddd8d41b51b05c0b6dc37dcfa9c064bd0678c843d9dafbf1c13b"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-il"]
|
||
---
|
||
|
||
# Illinois HB 2455 (101st) — SECURE CHOICE SAVINGS OPTIONS
|
||
|
||
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.
|
||
|
||
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2455&GA=101&SessionId=108&DocTypeId=HB&LegID=118463&DocNum=2455&GAID=15&SpecSess=&Session=&print=true)
|
||
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2455eng&GA=101&SessionId=108&DocTypeId=HB&LegID=118463&DocNum=2455&GAID=15&SpecSess=&Session=&print=true)
|
||
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=10100HB2455enr&GA=101&SessionId=108&DocTypeId=HB&LegID=118463&DocNum=2455&GAID=15&SpecSess=&Session=&print=true)
|
||
|
||
## Votes
|
||
|
||
- Third Reading — **110–0** (pass) · lower
|
||
- Concurrence, Amendment 2 — **113–2** (pass) · lower
|
||
- Third Reading — **50–4** (pass) · upper
|
||
|
||
## Sponsors
|
||
|
||
- Ann Gillespie — cosponsor (person)
|
||
- Bill Cunningham — cosponsor (person)
|
||
- Camille Y. Lilly — cosponsor (person)
|
||
- Frances Ann Hurley — cosponsor (person)
|
||
- Jay Hoffman — primary (person)
|
||
- Karina Villa — cosponsor (person)
|
||
- Kimberly A. Lightford — cosponsor (person)
|
||
- Linda Holmes — primary (person)
|
||
- Marcus C. Evans, Jr. — cosponsor (person)
|
||
- Mary E. Flowers — cosponsor (person)
|
||
- Omar Aquino — cosponsor (person)
|
||
- Pat McGuire — cosponsor (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2019-02-13** Filed with the Clerk by Rep. Robert Martwick `filing`
|
||
- **2019-02-13** First Reading `reading-1`
|
||
- **2019-02-13** Referred to Rules Committee `referral-committee`
|
||
- **2019-02-26** Assigned to Personnel & Pensions Committee `referral-committee`
|
||
- **2019-03-07** Do Pass / Short Debate Personnel & Pensions Committee; 010-000-000 `committee-passage`
|
||
- **2019-03-07** Placed on Calendar 2nd Reading - Short Debate
|
||
- **2019-03-19** Second Reading - Short Debate `reading-2`
|
||
- **2019-03-19** Placed on Calendar Order of 3rd Reading - Short Debate
|
||
- **2019-03-27** Third Reading - Short Debate - Passed 110-000-000 `reading-3, passage`
|
||
- **2019-03-27** Arrive in Senate `introduction`
|
||
- **2019-03-27** Placed on Calendar Order of First Reading `reading-1`
|
||
- **2019-03-27** Chief Senate Sponsor Sen. Omar Aquino
|
||
- **2019-03-27** First Reading `reading-1`
|
||
- **2019-03-27** Referred to Assignments `referral-committee`
|
||
- **2019-04-24** Assigned to Financial Institutions `referral-committee`
|
||
- **2019-05-01** Postponed - Financial Institutions
|
||
- **2019-05-08** Postponed - Financial Institutions
|
||
- **2019-05-10** Rule 3-9(a) / Re-referred to Assignments `referral-committee`
|
||
- **2019-10-28** Rule 2-10 Committee/3rd Reading Deadline Established As November 14, 2019
|
||
- **2019-10-28** Re-referred to Financial Institutions `referral-committee`
|
||
- **2019-10-29** Senate Committee Amendment No. 1 Filed with Secretary by Sen. Omar Aquino `amendment-introduction`
|
||
- **2019-10-29** Senate Committee Amendment No. 1 Referred to Assignments `referral-committee`
|
||
- **2019-11-12** Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), this amendment will remain in the Committee on Assignments.
|
||
- **2019-12-15** Pursuant to Senate Rule 3-9(b) / Referred to Assignments `referral-committee`
|
||
- **2020-05-19** Approved for Consideration Assignments
|
||
- **2020-05-19** Placed on Calendar Order of 2nd Reading May 20, 2020
|
||
- **2020-05-19** Rule 2-10 Third Reading Deadline Established As May 31, 2020 `reading-3`
|
||
- **2020-05-20** Legislation Considered in Special Session No. 1
|
||
- **2020-05-20** Alternate Chief Sponsor Changed to Sen. Linda Holmes
|
||
- **2020-05-20** Second Reading `reading-2`
|
||
- **2020-05-20** Placed on Calendar Order of 3rd Reading May 21, 2020
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Filed with Secretary by Sen. Linda Holmes `amendment-introduction`
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Referred to Assignments `referral-committee`
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Be Approved for Consideration Assignments
|
||
- **2020-05-21** Added as Alternate Chief Co-Sponsor Sen. Omar Aquino
|
||
- **2020-05-21** Recalled to Second Reading `reading-2`
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Adopted; Holmes `amendment-passage`
|
||
- **2020-05-21** Placed on Calendar Order of 3rd Reading
|
||
- **2020-05-21** Third Reading - Passed; 050-004-000 `reading-3, passage`
|
||
- **2020-05-21** Arrived in House `introduction`
|
||
- **2020-05-21** Placed on Calendar Order of Concurrence Senate Amendment(s) 2
|
||
- **2020-05-21** Chief Sponsor Changed to Rep. Jay Hoffman
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Motion Filed Concur Rep. Jay Hoffman
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee `referral-committee`
|
||
- **2020-05-21** Added as Alternate Chief Co-Sponsor Sen. Bill Cunningham
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Motion to Concur Rules Referred to Executive Committee `referral-committee`
|
||
- **2020-05-21** Added Chief Co-Sponsor Rep. Karina Villa
|
||
- **2020-05-21** Added Chief Co-Sponsor Rep. Marcus C. Evans, Jr.
|
||
- **2020-05-21** Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Executive Committee; 013-000-000
|
||
- **2020-05-22** Added as Alternate Chief Co-Sponsor Sen. Ann Gillespie
|
||
- **2020-05-22** Added Co-Sponsor Rep. Frances Ann Hurley
|
||
- **2020-05-22** Senate Floor Amendment No. 2 House Concurs 113-002-000
|
||
- **2020-05-22** House Concurs
|
||
- **2020-05-22** Passed Both Houses
|
||
- **2020-05-22** Added Chief Co-Sponsor Rep. Mary E. Flowers
|
||
- **2020-05-22** Added Co-Sponsor Rep. Camille Y. Lilly
|
||
- **2020-05-22** Added as Alternate Chief Co-Sponsor Sen. Kimberly A. Lightford
|
||
- **2020-05-29** Sent to the Governor `executive-receipt`
|
||
- **2020-06-05** Governor Approved `executive-signature`
|
||
- **2020-06-05** Effective Date June 5, 2020
|
||
- **2020-06-05** Public Act . . . . . . . . . 101-0633 `became-law`
|
||
- **2020-06-08** Added as Alternate Co-Sponsor Sen. Pat McGuire
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3eb2161a-6634-4452-8585-c5808101f152`. Confidence: reported (aggregated from official Illinois legislature records).
|
||
|