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HB 5007: State-administered Retirement Systems

GENERAL BILL by Appropriations Committee ; Trumbull

State-administered Retirement Systems; Authorizes certain members to elect to participate in deferred retirement program for additional 36 months; revises required employer retirement contribution rates for each membership class & subclass of Florida Retirement System; revising allocations to investment plan member accounts.

Effective Date: 7/1/2022
Last Action: 6/3/2022 - Chapter No. 2022-159; companion bill(s) passed, see HB 5001 (Ch. 2022-156)
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/9/2022 House • Filed
    2/10/2022 House • Bill referred to House Calendar
    • Bill added to Special Order Calendar (2/15/2022)
    • 1st Reading (Original Filed Version)
    2/15/2022 House • Read 2nd time
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    2/16/2022 House • Read 3rd time
    • Passed; YEAS 117, NAYS 0
    2/17/2022 House • Requests that the Senate pass the bill as passed by the House or agree to include the bill in the Budget Conference
    • Immediately certified
    2/17/2022 Senate • In Messages
    • Referred to Appropriations -SJ 429
    • Withdrawn from Appropriations -SJ 405
    • Placed on Calendar, on 2nd reading
    • Substituted for SB 7038 -SJ 405
    • Received -SJ 429
    • Read 2nd time -SJ 405
    • Amendment(s) adopted (383086) -SJ 405
    • Read 3rd time -SJ 406
    • Passed as amended; YEAS 38 NAYS 0 -SJ 406
    • The Senate having refused to pass the bill as passed by the House, acceded to the request for a conference -SJ 417
    • Immediately certified -SJ 417
    2/17/2022 House • In Messages
    2/28/2022 Senate • Bill placed in Conference (Appropriations Conference Committee/Appropriations)
    3/1/2022 Senate • Conference Committee appointed: Appropriations Conference Committee/Appropriations: Stargel (Chair), Bean (At Large), Book (At Large), Gibson (At Large), Mayfield (At Large), Passidomo (At Large), Perry (At Large), Powell (At Large), Rouson (At Large), Stewart (At Large); Appropriations Conference Committee on Agriculture, Environment, and General Government/Agriculture and Natural Resources: Albritton (Chair), Ausley, Berman, Boyd, Bradley, Brodeur, Garcia, Mayfield, Rodrigues, Stewart; Appropriations Conference Committee on Agriculture, Environment, and General Government/State Administration and Technology: Albritton (Chair), Ausley, Berman, Boyd, Bradley, Brodeur, Garcia, Mayfield, Rodrigues, Stewart; Appropriations Conference Committee on Criminal and Civil Justice/Justice: Perry (Chair), Baxley, Bracy, Gainer, Pizzo, Rodriguez, Torres, Wright; Appropriations Conference Committee on Education/Higher Education: Broxson (Chair), Cruz, Diaz, Gibson, Gruters, Hutson, Passidomo, Polsky; Appropriations Conference Committee on Education/PreK-12: Broxson (Chair), Cruz, Diaz, Gibson, Gruters, Hutson, Passidomo, Polsky; Appropriations Conference Committee on Health and Human Services/Health Care: Bean (Chair), Book, Brodeur, Burgess, Diaz, Farmer, Harrell, Jones, Rodrigues, Rodriguez, Rouson; Appropriations Conference Committee on Transportation, Tourism, and Economic Development/Infrastructure and Tourism: Gainer (Chair), Ausley, Boyd, Cruz, Garcia, Gibson, Hooper, Mayfield, Perry, Taddeo, Wright; -SJ 485
    3/11/2022 House • Bill placed in Conference (Appropriations Conference Committee/Appropriations)
    • Conference Committee appointed
    3/14/2022 House • Conference Committee Report considered
    • Amendment 506819 adopted
    • Conference Committee Report adopted
    • Passed as amended by Conference Committee Report; YEAS 108, NAYS 0
    3/14/2022 Senate • In returning messages
    • Conference Committee Report received -SJ 1202
    • Conference Committee Report adopted (506819) -SJ 1205
    • Passed as amended by Conference Committee Report; YEAS 33 NAYS 0 -SJ 1205
    3/14/2022 House • In Messages
    • Ordered engrossed, then enrolled
    6/2/2022 • Signed by Officers and presented to Governor
    • Approved by Governor
    6/3/2022 • Chapter No. 2022-159; companion bill(s) passed, see HB 5001 (Ch. 2022-156)

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  • HB 5007, Enrolled (Current Bill Version) Posted 3/16/2022 at 2:42 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 7046 Public Employment Governmental Oversight and Accountability Similar Last Action: 3/14/2022 S Died on Calendar, companion bill(s) passed, see HB 5007 (Ch. 2022-159)
    H 5001 (er) General Appropriations Act Appropriations Committee Compare Last Action: 12/12/2022 H Veto Message received (2022A Special Session, 2023B Special Session, 2023 Regular Session)
    S 2500 Appropriations Appropriations Compare Last Action: 2/17/2022 S Laid on Table, companion bill(s) passed, see HB 5001 (Ch. 2022-156), CS/HB 3 (Ch. 2022-23), HB 5003 (Ch. 2022-157), HB 5005 (Ch. 2022-158), HB 5007 (Ch. 2022-159), HB 5009 (Ch. 2022-160), HB 5013 (Ch. 2022-161), HB 5301 (Ch. 2022-162), CS/HB 7027 (Ch. 2022-163), CS/HB 7071 (Ch. 2022-97), SB 2510 (Ch. 2022-179), SB 2514 (Ch. 2022-151), SB 2516 (Ch. 2022-152), SB 2518 (Ch. 2022-153), SB 2524 (Ch. 2022-154), SB 2526 (Ch. 2022-150), SB 2530 (Ch. 2022-155) -SJ 386
    S 7038 Retirement Governmental Oversight and Accountability Compare Last Action: 2/17/2022 S Laid on Table, companion bill(s) passed, see HB 5001 (Ch. 2022-156), HB 5007 (Ch. 2022-159) -SJ 405

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.091 Benefits payable under the system. Page 1 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 7 (pdf)
    121.72 Allocations to investment plan member accounts; percentage amounts. Page 10 (pdf)

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  • HB 5007, Engrossed 1 Posted 3/16/2022 at 2:39 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 7046 Public Employment Governmental Oversight and Accountability Similar Last Action: 3/14/2022 S Died on Calendar, companion bill(s) passed, see HB 5007 (Ch. 2022-159)
    H 5001 (er) General Appropriations Act Appropriations Committee Compare Last Action: 12/12/2022 H Veto Message received (2022A Special Session, 2023B Special Session, 2023 Regular Session)
    S 2500 Appropriations Appropriations Compare Last Action: 2/17/2022 S Laid on Table, companion bill(s) passed, see HB 5001 (Ch. 2022-156), CS/HB 3 (Ch. 2022-23), HB 5003 (Ch. 2022-157), HB 5005 (Ch. 2022-158), HB 5007 (Ch. 2022-159), HB 5009 (Ch. 2022-160), HB 5013 (Ch. 2022-161), HB 5301 (Ch. 2022-162), CS/HB 7027 (Ch. 2022-163), CS/HB 7071 (Ch. 2022-97), SB 2510 (Ch. 2022-179), SB 2514 (Ch. 2022-151), SB 2516 (Ch. 2022-152), SB 2518 (Ch. 2022-153), SB 2524 (Ch. 2022-154), SB 2526 (Ch. 2022-150), SB 2530 (Ch. 2022-155) -SJ 386
    S 7038 Retirement Governmental Oversight and Accountability Compare Last Action: 2/17/2022 S Laid on Table, companion bill(s) passed, see HB 5001 (Ch. 2022-156), HB 5007 (Ch. 2022-159) -SJ 405

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.091 Benefits payable under the system. Page 1 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 3 (pdf)
    121.72 Allocations to investment plan member accounts; percentage amounts. Page 10 (pdf)

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  • HB 5007, Original Filed Version Posted 2/9/2022 at 8:04 PM

    Bill Text:   PDF
    Analyses:   Appropriations Conference Committee/Appropriations 3/11/2022 (pdf)

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 7046 Public Employment Governmental Oversight and Accountability Similar Last Action: 3/14/2022 S Died on Calendar, companion bill(s) passed, see HB 5007 (Ch. 2022-159)
    H 5001 (er) General Appropriations Act Appropriations Committee Compare Last Action: 12/12/2022 H Veto Message received (2022A Special Session, 2023B Special Session, 2023 Regular Session)
    S 2500 Appropriations Appropriations Compare Last Action: 2/17/2022 S Laid on Table, companion bill(s) passed, see HB 5001 (Ch. 2022-156), CS/HB 3 (Ch. 2022-23), HB 5003 (Ch. 2022-157), HB 5005 (Ch. 2022-158), HB 5007 (Ch. 2022-159), HB 5009 (Ch. 2022-160), HB 5013 (Ch. 2022-161), HB 5301 (Ch. 2022-162), CS/HB 7027 (Ch. 2022-163), CS/HB 7071 (Ch. 2022-97), SB 2510 (Ch. 2022-179), SB 2514 (Ch. 2022-151), SB 2516 (Ch. 2022-152), SB 2518 (Ch. 2022-153), SB 2524 (Ch. 2022-154), SB 2526 (Ch. 2022-150), SB 2530 (Ch. 2022-155) -SJ 386
    S 7038 Retirement Governmental Oversight and Accountability Compare Last Action: 2/17/2022 S Laid on Table, companion bill(s) passed, see HB 5001 (Ch. 2022-156), HB 5007 (Ch. 2022-159) -SJ 405

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    383086 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:
    Brandes 2/17/2022
    8:07 AM
    Senate: Receded
    3/14/2022
    Web Page
    PDF
    506819 - Conference Committee Amendment
    Remove everything after the enacting clause and insert:
    Trumbull 3/10/2022
    11:05 PM
    Senate: Adopted
    3/14/2022
    PDF

    Floor Votes (4)

    Date Chamber Result
    2/16/2022 5:39 PM House 117 Yeas - 0 Nays
    2/17/2022 12:22 PM Senate 38 Yeas - 0 Nays
    3/14/2022 12:16 PM House 108 Yeas - 0 Nays
    3/14/2022 12:53 PM Senate 33 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.091 Benefits payable under the system. Page 1 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 3 (pdf)
    121.72 Allocations to investment plan member accounts; percentage amounts. Page 10 (pdf)

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