Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

New Act

Synopsis As Introduced
Creates the Illinois Automatic IRA Program Act. Provides that the Illinois Automatic IRA Program shall be administered by the State Treasurer and that the Treasurer shall adopt regulations to implement the Program. Allows employees of certain employers that have not offered a qualified retirement plan for 2 years to set aside a percentage of their wages to be deposited into an IRA trust fund administered by the State Treasurer's office. Sets minimum requirements for the operation of the Program. Sets forth duties and authority of the State Treasurer in relation to the Program. Limits State and employer liability. Contains provisions regarding audits and reports. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2011	Senate	Filed with Secretary by Sen. Iris Y. Martinez
2/9/2011	Senate	First Reading
2/9/2011	Senate	Referred to Assignments
2/15/2011	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
3/2/2011	Senate	Assigned to Financial Institutions
3/3/2011	Senate	Added as Chief Co-Sponsor Sen. Emil Jones, III
3/10/2011	Senate	Postponed - Financial Institutions
3/15/2011	Senate	Added as Co-Sponsor Sen. Kwame Raoul
3/17/2011	Senate	Postponed - Financial Institutions
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
2/17/2012	Senate	Re-assigned to Financial Institutions
3/1/2012	Senate	Postponed - Financial Institutions
3/2/2012	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Iris Y. Martinez
3/2/2012	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/6/2012	Senate	Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
3/8/2012	Senate	Senate Committee Amendment No. 1 Postponed - Financial Institutions
3/8/2012	Senate	Postponed - Financial Institutions
3/9/2012	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
3/9/2012	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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