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CS/HB 603: Publicly Funded Defined Benefit Retirement Plans

GENERAL BILL by Oversight, Transparency and Administration Subcommittee ; Fischer

Publicly Funded Defined Benefit Retirement Plans; Defines term "long-range return rate"; provides additional requirements for actuarial reports submitted by retirement plan or system subject to part VII of ch. 112, F.S.; provides declaration of important state interest.

Effective Date: 7/1/2017
Last Action: 5/5/2017 House - Died in Government Accountability Committee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/1/2017 House • Filed
    2/9/2017 House • Referred to Oversight, Transparency and Administration Subcommittee; Appropriations Committee; Government Accountability Committee -HJ 75
    3/7/2017 House • Introduced -HJ 7
    3/24/2017 House • On Committee agenda-- Oversight, Transparency and Administration Subcommittee, 03/28/17, 3:30 pm, Morris Hall
    3/28/2017 House • CS by Oversight, Transparency and Administration Subcommittee; YEAS 9 NAYS 5 -HJ 520
    3/30/2017 House • Pending review of CS under Rule 7.18(c)
    • CS by Oversight, Transparency and Administration Subcommittee read 1st time -HJ 515
    3/31/2017 House • Now in Appropriations Committee -HJ 527
    4/14/2017 House • On Committee agenda-- Appropriations Committee, 04/18/17, 9:00 am, Webster Hall
    4/18/2017 House • Favorable by Appropriations Committee; YEAS 18 NAYS 8 -HJ 720
    • Now in Government Accountability Committee -HJ 720
    5/5/2017 House • Indefinitely postponed and withdrawn from consideration
    • Died in Government Accountability Committee

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  • CS/HB 603, Committee Substitute 1 (Current Bill Version) Posted 3/30/2017 at 8:45 AM

    Bill Text:   PDF
    Analyses:   Appropriations Committee (Post-Meeting) 4/18/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 632 Publicly Funded Defined Benefit Retirement Plans Brandes Similar Last Action: 5/5/2017 S Died in Governmental Oversight and Accountability

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    112.625 Definitions. Page 1 (pdf)
    112.63 Actuarial reports and statements of actuarial impact; review. Page 4 (pdf)
    175.261 Annual report to Division of Retirement; actuarial valuations. Page 5 (pdf)
    185.221 Annual report to Division of Retirement; actuarial valuations. Page 6 (pdf)

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  • HB 603, Original Filed Version Posted 2/1/2017 at 11:23 AM

    Bill Text:   PDF
    Analyses:   Oversight, Transparency and Administration Subcommittee (Post-Meeting) 3/29/2017 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 632 Publicly Funded Defined Benefit Retirement Plans Brandes Identical Last Action: 5/5/2017 S Died in Governmental Oversight and Accountability

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    051279 - Amendment
    Remove lines 95-142 and insert:
    Fischer 3/27/2017
    5:42 PM
    Adopted without Objection
    3/28/2017
    PDF

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    112.625 Definitions. Page 2 (pdf)
    112.63 Actuarial reports and statements of actuarial impact; review. Page 4 (pdf)
    112.64 Administration of funds; amortization of unfunded liability. Page 5 (pdf)
    175.261 Annual report to Division of Retirement; actuarial valuations. Page 6 (pdf)
    185.221 Annual report to Division of Retirement; actuarial valuations. Page 8 (pdf)

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