Illinois General Assembly - Bill Status for HB3155
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 Bill Status of HB3155  103rd General Assembly


House Sponsors
Rep. Bob Morgan - Rita Mayfield - Ann M. Williams - Kelly M. Cassidy - Kelly M. Burke, Barbara Hernandez, Sue Scherer, Margaret Croke, Debbie Meyers-Martin, Justin Slaughter and Lance Yednock

Senate Sponsors
(Sen. David Koehler)

Last Action
DateChamber Action
  6/9/2023HousePublic Act . . . . . . . . . 103-0043

Statutes Amended In Order of Appearance
820 ILCS 80/5
820 ILCS 80/30

Synopsis As Introduced
Amends the Illinois Secure Choice Savings Program Act. Provides that the Illinois Secure Choice Savings Board shall determine the number and duties of staff members needed to administer the Illinois Secure Choice Savings Program and assemble such a staff in collaboration with the State Treasurer. Provides that the Board shall keep investment fees (rather than total annual expenses) as low as possible, but in no event shall they exceed 0.25% (rather than 0.75%). Provides that the Board may charge administrative fees, established by rule, that shall be consistent with industry standards. Provides that the definition of "employer" does not include the federal government, the State, any county, any municipal corporation, or any of the State's units or instrumentalities. Makes other changes. Effective immediately.

DateChamber Action
  2/16/2023HouseFiled with the Clerk by Rep. Bob Morgan
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee
  2/23/2023HouseAssigned to State Government Administration Committee
  3/1/2023HouseDo Pass / Short Debate State Government Administration Committee; 009-000-000
  3/2/2023HousePlaced on Calendar 2nd Reading - Short Debate
  3/16/2023HouseAdded Chief Co-Sponsor Rep. Rita Mayfield
  3/16/2023HouseAdded Chief Co-Sponsor Rep. Ann M. Williams
  3/16/2023HouseAdded Chief Co-Sponsor Rep. Kelly M. Cassidy
  3/16/2023HouseAdded Chief Co-Sponsor Rep. Kelly M. Burke
  3/16/2023HouseSecond Reading - Short Debate
  3/16/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/16/2023HouseAdded Co-Sponsor Rep. Barbara Hernandez
  3/21/2023HouseAdded Co-Sponsor Rep. Sue Scherer
  3/22/2023HouseAdded Co-Sponsor Rep. Margaret Croke
  3/22/2023HouseAdded Co-Sponsor Rep. Debbie Meyers-Martin
  3/22/2023HouseAdded Co-Sponsor Rep. Justin Slaughter
  3/22/2023HouseAdded Co-Sponsor Rep. Lance Yednock
  3/22/2023HouseThird Reading - Short Debate - Passed 106-000-003
  3/23/2023SenateArrive in Senate
  3/23/2023SenatePlaced on Calendar Order of First Reading
  3/23/2023SenateChief Senate Sponsor Sen. David Koehler
  3/23/2023SenateFirst Reading
  3/23/2023SenateReferred to Assignments
  4/12/2023SenateApproved for Consideration Assignments
  4/12/2023SenatePlaced on Calendar Order of 2nd Reading April 18, 2023
  4/20/2023SenateSecond Reading
  4/20/2023SenatePlaced on Calendar Order of 3rd Reading April 25, 2023
  5/5/2023SenateThird Reading - Passed; 036-016-000
  5/5/2023HousePassed Both Houses
  6/2/2023HouseSent to the Governor
  6/9/2023HouseGovernor Approved
  6/9/2023HouseEffective Date June 9, 2023
  6/9/2023HousePublic Act . . . . . . . . . 103-0043

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