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CS/CS/CS/SB 534: Publicly Funded Defined Benefit Retirement Plans

GENERAL BILL by Appropriations ; Community Affairs ; Governmental Oversight and Accountability ; Brandes ; (CO-INTRODUCERS) Bradley

Publicly Funded Defined Benefit Retirement Plans; Deleting the requirement that required actuarial reports for retirement plans include a disclosure of the present value of the plan’s benefits; providing that the state is not liable for shortfalls in local government retirement systems or plans; requiring a defined benefit system or plan to report certain information to the Department of Management Services by a certain date; requiring the plan sponsor to make certain information available on certain websites; requiring the department to provide a fact sheet specifying certain information, etc.

Effective Date: 7/1/2013
Last Action: 6/3/2013 - Chapter No. 2013-100
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Community Affairs (CA)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    1/30/2013 Senate • Filed
    2/6/2013 Senate • Referred to Governmental Oversight and Accountability; Community Affairs; Appropriations -SJ 41
    2/11/2013 Senate • On Committee agenda-- Governmental Oversight and Accountability, 02/21/13, 11:00 am, 412 Knott Building --Temporarily Postponed
    3/4/2013 Senate • On Committee agenda-- Governmental Oversight and Accountability, 03/07/13, 10:30 am, 412 Knott Building
    3/5/2013 Senate • Introduced -SJ 41
    3/7/2013 Senate • CS by Governmental Oversight and Accountability; YEAS 7 NAYS 2
    3/8/2013 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Community Affairs -SJ 195
    3/11/2013 Senate • On Committee agenda-- Community Affairs, 03/14/13, 8:00 am, 301 Senate Office Building --Temporarily Postponed
    3/12/2013 Senate • CS by Governmental Oversight and Accountability read 1st time -SJ 200
    3/15/2013 Senate • On Committee agenda-- Community Affairs, 03/20/13, 3:00 pm, 301 Senate Office Building
    3/20/2013 Senate • CS/CS by Community Affairs; YEAS 5 NAYS 3 -SJ 240
    3/22/2013 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/25/2013 Senate • Now in Appropriations -SJ 240
    • On Committee agenda-- Appropriations, 03/28/13, 9:00 am, 412 Knott Building --Not Considered
    • CS/CS by Community Affairs read 1st time -SJ 246
    3/29/2013 Senate • On Committee agenda-- Appropriations, 04/03/13, 9:00 am, 412 Knott Building
    4/3/2013 Senate • CS/CS/CS by- Appropriations; YEAS 13 NAYS 5 -SJ 363
    4/5/2013 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading -SJ 363
    • Placed on Special Order Calendar, 04/10/13
    4/9/2013 Senate • CS/CS/CS by Appropriations read 1st time -SJ 364
    4/10/2013 Senate • Read 2nd time -SJ 389
    • Placed on 3rd reading
    4/11/2013 Senate • Read 3rd time -SJ 409
    • CS passed; YEAS 22 NAYS 18 -SJ 409
    4/16/2013 House • In Messages
    4/29/2013 House • Referred to Calendar -HJ 973
    • Placed on Special Order Calendar, 04/30/13
    • Received -HJ 973
    4/30/2013 House • Read 2nd time -HJ 1008
    • Substituted for CS/CS/HB 599 -HJ 1008
    • Placed on 3rd reading
    5/1/2013 House • Read 3rd time -HJ 1039
    • CS passed; YEAS 71 NAYS 45 -HJ 1039
    5/1/2013 Senate • Ordered enrolled -SJ 986
    5/21/2013 • Signed by Officers and presented to Governor
    5/31/2013 • Approved by Governor
    6/3/2013 • Chapter No. 2013-100

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  • CS/CS/CS/SB 534, Enrolled (Current Bill Version) Posted 5/6/2013 at 2:54 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 599 (c2) Publicly Funded Defined Benefit Retirement Plans Caldwell Identical Last Action: 4/30/2013 H Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008
    Location: Laid on Table

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    112.63 Actuarial reports and statements of actuarial impact; review. Page 3 (pdf)
    112.66 General provisions. Page 4 (pdf)
    112.664 Page 4 (pdf)
    112.665 Duties of Department of Management Services. Page 7 (pdf)

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  • CS/CS/CS/SB 534, Committee Substitute 3 Posted 4/5/2013 at 2:58 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations (Post-Meeting) 4/5/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 599 (c2) Publicly Funded Defined Benefit Retirement Plans Caldwell Identical Last Action: 4/30/2013 H Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008
    Location: Laid on Table

    Floor Votes (2)

    Date Chamber Result
    4/11/2013 2:12 PM Senate 22 Yeas - 18 Nays
    5/1/2013 9:19 AM House 71 Yeas - 45 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    112.63 Actuarial reports and statements of actuarial impact; review. Page 3 (pdf)
    112.66 General provisions. Page 4 (pdf)
    112.664 Page 4 (pdf)
    112.665 Duties of Department of Management Services. Page 7 (pdf)

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  • CS/CS/SB 534, Committee Substitute 2 Posted 3/22/2013 at 10:51 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations (Pre-Meeting) 3/26/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 599 (c1) Publicly-Funded Defined Benefit Retirement Plans Caldwell Compare Last Action: 4/30/2013 H Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008
    Location: Laid on Table

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    226110 - Amendment
    Delete lines 102 - 109 and insert:
    Appropriations
    (Bradley)
    3/27/2013
    5:35 PM
    Replaced by Committee Substitute
    4/3/2013
    Web Page
    PDF
    692562 - Amendment
    Delete lines 139 - 141 and insert:
    Appropriations
    (Bradley)
    3/27/2013
    6:40 PM
    Replaced by Committee Substitute
    4/3/2013
    Web Page
    PDF
    565978 - Amendment
    Between lines 217 and 218 insert:
    Appropriations
    (Bradley)
    3/27/2013
    7:40 AM
    Withdrawn
    4/2/2013
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/3/2013 9:00 AM Appropriations 13 Yeas - 5 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    112.63 Actuarial reports and statements of actuarial impact; review. Page 3 (pdf)
    112.66 General provisions. Page 4 (pdf)
    112.664 Page 4 (pdf)
    112.665 Duties of Department of Management Services. Page 6 (pdf)

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  • CS/SB 534, Committee Substitute 1 Posted 3/8/2013 at 8:35 AM

    Bill Text:   Web Page | PDF
    Analyses:   Community Affairs (Pre-Meeting) 3/19/2013 (pdf)
    Community Affairs (Post-Meeting) 3/22/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 599 (c1) Publicly-Funded Defined Benefit Retirement Plans Caldwell Similar Last Action: 4/30/2013 H Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008
    Location: Laid on Table

    Committee Amendments (4)

    Amendment Sponsor Filed Last Committee Action Format
    641930 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Community Affairs
    (Bradley)
    3/12/2013
    5:34 PM
    Replaced by Committee Substitute
    3/21/2013
    Web Page
    PDF
    hierarchy 891420 - Amendment to Amendment (641930)
    Delete line 53 and insert:
    Community Affairs
    (Bradley)
    3/20/2013
    7:55 AM
    Replaced by Engrossed Amendment
    3/21/2013
    Web Page
    PDF
    hierarchy 945938 - Amendment to Amendment (641930)
    Delete lines 54 - 59 and insert:
    Community Affairs
    (Bradley)
    3/19/2013
    3:33 PM
    Replaced by Engrossed Amendment
    3/21/2013
    Web Page
    PDF
    hierarchy 798864 - Amendment to Amendment (641930)
    Delete lines 57 - 59 and insert:
    Community Affairs
    (Latvala)
    3/13/2013
    6:21 PM
    Withdrawn
    3/21/2013
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/20/2013 3:00 PM Community Affairs 5 Yeas - 3 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    112.66 General provisions. Page 3 (pdf)
    112.664 Page 3 (pdf)
    112.665 Duties of Department of Management Services. Page 6 (pdf)

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  • SB 534, Original Filed Version Posted 1/30/2013 at 10:37 AM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Pre-Meeting) 2/20/2013 (pdf)
    Governmental Oversight and Accountability PCS 499878 (Pre-Meeting) 3/6/2013 (pdf)
    Governmental Oversight and Accountability (Post-Meeting) 3/7/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 599 (c1) Publicly-Funded Defined Benefit Retirement Plans Caldwell Compare Last Action: 4/30/2013 H Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008
    Location: Laid on Table

    Proposed Committee Substitutes (1)

    PCS and Amendments Sponsor Filed Last Committee Action Format
    499878 - Proposed Committee Substitute Governmental Oversight and Accountability 3/4/2013
    3:55 PM
    Replaced by Committee Substitute
    3/7/2013
    Web Page
    PDF
    hierarchy 784588 - Amendment (499878)
    Delete line 81 and insert:
    Governmental Oversight and Accountability
    (Bean)
    (Bradley)
    3/7/2013
    12:51 PM
    Replaced by Committee Substitute
    3/7/2013
    Web Page
    PDF
    hierarchy 592460 - Amendment (499878)
    Delete lines 129 - 134 and insert:
    Governmental Oversight and Accountability
    (Bean)
    (Bradley)
    3/7/2013
    12:51 PM
    Replaced by Committee Substitute
    3/7/2013
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/7/2013 10:30 AM Governmental Oversight and Accountability 7 Yeas - 2 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    112.66 General provisions. Page 3 (pdf)
    112.664 Page 3 (pdf)

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