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SB 7022: Retirement

GENERAL BILL by Governmental Oversight and Accountability ; (CO-INTRODUCERS) DiCeglie ; Hooper

Retirement; Authorizing an officer, except while serving as a legislator, to remain in elective office and receive accumulated DROP proceeds after the officer attains a certain age; providing that, upon termination, the officer receives accumulated DROP proceeds including interest earned in accordance with a specified provision; requiring the Division of Retirement or the State Board of Administration, as appropriate, to take steps to recoup from the elected officer any DROP proceeds distributed in accordance with a specified provision, under specified circumstances; revising required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, etc.

Effective Date: 7/1/2025
Last Action: 4/10/2025 Senate - In returning messages
Bill Text: Web Page | PDF
Senate Committee References:
  1. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    3/13/2025 Senate • Submitted for consideration by Governmental Oversight and Accountability
    • On Committee agenda-- Governmental Oversight and Accountability, 03/18/25, 3:30 pm, 110 Senate Building
    3/18/2025 Senate • Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; YEAS 8 NAYS 0
    3/19/2025 Senate • Filed
    • Referred to Appropriations
    • Introduced
    3/28/2025 Senate • On Committee agenda-- Appropriations, 04/02/25, 9:00 am, 412 Knott Building
    3/31/2025 Senate • On Committee agenda-- Appropriations, 04/03/25, 9:00 am, 412 Knott Building --Meeting cancelled
    4/2/2025 Senate • Favorable by- Appropriations; YEAS 18 NAYS 0
    4/3/2025 Senate • Placed on Calendar, on 2nd reading
    • Placed on Special Order Calendar, 04/09/25
    4/9/2025 Senate • Read 2nd time -SJ 363
    • Read 3rd time -SJ 363
    • Passed; YEAS 37 NAYS 0 -SJ 363
    • The Senate requests that the House pass the bill as passed by the Senate or agree to include the bill in the Budget Conference -SJ 363
    • Immediately certified -SJ 363
    4/9/2025 House • In Messages
    • Bill referred to House Calendar
    • Substituted for HB 5007
    • Read 1st time
    • Read 2nd time
    • Amendment 832805 adopted
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    • Read 3rd time
    • Passed as amended; YEAS 112, NAYS 0
    • Passed the Senate bill as amended by House and we accede to conference
    4/10/2025 Senate • In returning messages

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  • SB 7022, Original Filed Version (Current Bill Version) Posted 3/19/2025 at 9:38 AM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Post-Meeting) 3/19/2025 (pdf)
    Appropriations (Pre-Meeting) 4/1/2025 (pdf)
    Appropriations (Post-Meeting) 4/3/2025 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 5001 General Appropriations Act Budget Committee Compare Last Action: 4/9/2025 H Laid on Table, refer to SB 2500
    H 5007 State-administered Retirement System Budget Committee Compare Last Action: 4/9/2025 H Laid on Table, refer to SB 7022
    S 2500 Appropriations Appropriations Compare Last Action: 4/10/2025 S In returning messages

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    832805 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Valdés 4/9/2025
    1:03 PM
    House: Adopted
    4/9/2025
    PDF

    Committee Votes (1)

    Date Committee Result
    4/2/2025 9:00 AM Appropriations 18 Yeas - 0 Nays

    Floor Votes (2)

    Date Chamber Result
    4/9/2025 12:19 PM Senate 37 Yeas - 0 Nays
    4/9/2025 3:57 PM House 112 Yeas - 0 Nays

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.053 Participation in the Elected Officers’ Class for retired members. Page 1 (pdf)
    121.091 Benefits payable under the system. Page 3 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 8 (pdf)

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  • SPB 7022, Proposed Bill Posted 3/13/2025 at 2:29 PM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Pre-Meeting) 3/17/2025 (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    861978 - Title Amendment
    In title, delete lines 2 - 3 and insert:
    Governmental Oversight and Accountability
    (Fine)
    3/17/2025
    3:19 PM
    Replaced by Committee Substitute
    3/18/2025
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/18/2025 3:30 PM Governmental Oversight and Accountability 8 Yeas - 0 Nays

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