Illinois General Assembly - Bill Status for HB3349
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 Bill Status of HB3349  103rd General Assembly


Short Description:  EMPLOYEE FINANCIAL LITERACY

House Sponsors
Rep. Stephanie A. Kifowit - Debbie Meyers-Martin - Carol Ammons - Sue Scherer

Senate Sponsors
(Sen. Laura M. Murphy)

Last Action
DateChamber Action
  3/23/2023SenateReferred to Assignments

Statutes Amended In Order of Appearance
110 ILCS 205/9.43 new


Synopsis As Introduced
Amends the Board of Higher Education Act. Provides that 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.

House Committee Amendment No. 1
Provides that the award of a grant is subject to appropriation.

Actions 
DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Stephanie A. Kifowit
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/28/2023HouseAssigned to Appropriations-Higher Education Committee
  3/8/2023HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit
  3/8/2023HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/9/2023HouseRe-assigned to Higher Education Committee
  3/9/2023HouseHouse Committee Amendment No. 1 Rules Refers to Higher Education Committee
  3/13/2023HouseCommittee Deadline Extended-Rule 9(b) April 28, 2023
  3/14/2023HouseAdded Chief Co-Sponsor Rep. Debbie Meyers-Martin
  3/15/2023HouseHouse Committee Amendment No. 1 Adopted in Higher Education Committee; by Voice Vote
  3/15/2023HouseDo Pass as Amended / Short Debate Higher Education Committee; 007-004-000
  3/15/2023HousePlaced on Calendar 2nd Reading - Short Debate
  3/21/2023HouseSecond Reading - Short Debate
  3/21/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/21/2023HouseAdded Chief Co-Sponsor Rep. Carol Ammons
  3/21/2023HouseAdded Chief Co-Sponsor Rep. Sue Scherer
  3/22/2023HouseThird Reading - Short Debate - Passed 070-039-001
  3/23/2023SenateArrive in Senate
  3/23/2023SenatePlaced on Calendar Order of First Reading
  3/23/2023SenateChief Senate Sponsor Sen. Laura M. Murphy
  3/23/2023SenateFirst Reading
  3/23/2023SenateReferred to Assignments

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