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CS/SB 538: Publicly Funded Retirement Programs [GPSC]

GENERAL BILL by General Government Appropriations ; Baker ; (CO-INTRODUCERS) Deutch ; Aronberg

Publicly Funded Retirement Programs [GPSC]; Requires the Trustees of the State Board of Administration to identify and offer at least one terror-free investment product to the Public Employee Optional Retirement Program by a certain date. Redefines the terms "credible service" and "firefighter." Provides that investment caps on foreign securities may only be amended, repealed, or increased by an act of the Legislature, etc.

Effective Date: 07/01/2009
Last Action: 6/1/2009 - Approved by Governor; Chapter No. 2009-97
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/6/2009 Senate • Filed
    1/23/2009 Senate • Referred to Community Affairs; Governmental Oversight and Accountability; General Government Appropriations; Policy & Steering Committee on Ways and Means
    2/26/2009 Senate • On Committee agenda-- Community Affairs, 03/03/09, 2:00 pm, 412-K
    3/3/2009 Senate • Introduced, referred to Community Affairs; Governmental Oversight and Accountability; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00036; On Committee agenda-- Community Affairs, 03/03/09, 2:00 pm, 412-K --Amendments adopted-Temporarily postponed
    3/5/2009 Senate • On Committee agenda-- Community Affairs, 03/10/09, 10:30 am, 412-K
    3/10/2009 Senate • Favorable with 6 amendment(s) by Community Affairs (158558, 929624, 289978, 410350, 123552, 839958); YEAS 10 NAYS 0 -SJ 00163
    3/11/2009 Senate • Pending reference review under Rule 4.7(2) - (Amendments)
    3/12/2009 Senate • Now in Governmental Oversight and Accountability -SJ 00163
    4/2/2009 Senate • On Committee agenda-- Governmental Oversight and Accountability, 04/07/09, 8:00 am, 110-S
    4/7/2009 Senate • Favorable with 3 amendment(s) by Governmental Oversight and Accountability (952056, 691514, 907414); YEAS 8 NAYS 0 -SJ 00338
    4/9/2009 Senate • Pending reference review under Rule 4.7(2) - (Amendments)
    4/14/2009 Senate • Now in General Government Appropriations -SJ 00338; On Committee agenda-- General Government Appropriations, 04/15/09, 9:45 am, 401-S
    4/15/2009 Senate • CS by General Government Appropriations; YEAS 5 NAYS 0 -SJ 00413; CS read 1st time on 04/21/09 -SJ 00416
    4/17/2009 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    4/20/2009 Senate • Now in Policy & Steering Committee on Ways and Means -SJ 00413
    4/24/2009 Senate • Withdrawn from Policy & Steering Committee on Ways and Means -SJ 00588; Placed on Calendar, on 2nd reading
    4/28/2009 Senate • Placed on Special Order Calendar
    4/29/2009 Senate • Placed on Special Order Calendar; Read 2nd time -SJ 00795; Amendment(s) adopted (313024) -SJ 00795; Amendment(s) failed -SJ 00795; Ordered engrossed -SJ 00796
    4/30/2009 Senate • Read 3rd time -SJ 00900; CS passed as amended; YEAS 38 NAYS 0 -SJ 00900
    4/30/2009 House • In Messages
    5/1/2009 House • Received, referred to Calendar -HJ 01214; Read 2nd time -HJ 01214; Substituted for CS/CS/CS/HB 5 -HJ 01214; Read 3rd time -HJ 01214; CS passed; YEAS 118 NAYS 0 -HJ 01214
    5/1/2009 Senate • Ordered enrolled -SJ 01111
    5/18/2009 • Signed by Officers and presented to Governor
    6/1/2009 • Approved by Governor; Chapter No. 2009-97

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  • CS/SB 538, Enrolled (Current Bill Version) Posted 5/1/2009 at 12:45 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 5 (c3) Firefighters and Municipal Police Officers Hooper Similar Last Action: 5/1/2009 H Substituted CS/SB 538; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 538 (Ch. 2009-97) -HJ 01214
    Location:
    S 2488 Investment Products/Public Employees [WPSC] Deutch Compare Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to CS/SB 538 (Ch. 2009-97)
    Location:

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    175.032 Definitions.
    175.061 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    175.071 General powers and duties of board of trustees.
    175.101 State excise tax on property insurance premiums authorized; procedure.
    175.171 Optional forms of retirement income.
    175.361 Termination of plan and distribution of fund.
    185.02 Definitions.
    185.05 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    185.06 General powers and duties of board of trustees.
    185.161 Optional forms of retirement income.
    185.37 Termination of plan and distribution of fund.

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  • CS/SB 538, Engrossed 1 Posted 4/29/2009 at 4:09 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (2)

    Date Chamber Result
    4/30/2009 3:01 PM Senate 38 Yeas - 0 Nays
    5/1/2009 10:40 AM House 118 Yeas - 0 Nays

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    175.032 Definitions.
    175.061 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    175.071 General powers and duties of board of trustees.
    175.101 State excise tax on property insurance premiums authorized; procedure.
    175.171 Optional forms of retirement income.
    175.361 Termination of plan and distribution of fund.
    185.02 Definitions.
    185.05 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    185.06 General powers and duties of board of trustees.
    185.161 Optional forms of retirement income.
    185.37 Termination of plan and distribution of fund.

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  • CS/SB 538, Committee Substitute 1 Posted 4/17/2009 at 3:24 PM

    Bill Text:   Web Page | PDF
    Analyses:   General Government Appropriations (Post-Meeting) (pdf)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    134318 - Amendment
    Bennett 4/27/2009
    5:05 PM
    Senate: Failed
    4/29/2009
    Web Page
    PDF
    291852 - Amendment
    Bennett 4/27/2009
    5:09 PM
    Senate: Withdrawn
    4/29/2009
    Web Page
    PDF
    313024 - Amendment
    Baker 4/27/2009
    6:06 PM
    Senate: Adopted
    4/29/2009
    Web Page
    PDF

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    175.032 Definitions.
    175.061 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    175.071 General powers and duties of board of trustees.
    175.101 State excise tax on property insurance premiums authorized; procedure.
    175.171 Optional forms of retirement income.
    175.361 Termination of plan and distribution of fund.
    185.02 Definitions.
    185.05 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    185.06 General powers and duties of board of trustees.
    185.161 Optional forms of retirement income.
    185.37 Termination of plan and distribution of fund.

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  • SB 538, Original Filed Version Posted 3/3/2009 at 3:38 PM

    Bill Text:   Web Page | PDF
    Analyses:   Community Affairs (Post-Meeting) 2/18/2009 (pdf)
    Governmental Oversight and Accountability (Post-Meeting) 4/2/2009 (pdf)

    Committee Amendments (14)

    Amendment Sponsor Filed Last Committee Action Format
    929624 - Amendment
    Community Affairs
    (Gardiner)
    3/2/2009
    4:24 PM
    Favorable
    4/8/2009
    Web Page
    PDF
    158558 - Amendment
    Community Affairs
    (Gardiner)
    3/2/2009
    4:26 PM
    Favorable
    4/8/2009
    Web Page
    PDF
    101208 - Amendment
    Community Affairs
    (Bennett)
    3/9/2009
    12:38 PM
    Withdrawn
    4/8/2009
    Web Page
    PDF
    422240 - Amendment
    Community Affairs
    (Bennett)
    3/9/2009
    12:38 PM
    Withdrawn
    4/8/2009
    Web Page
    PDF
    410350 - Amendment
    Community Affairs
    (Deutch)
    3/9/2009
    1:10 PM
    Favorable
    4/8/2009
    Web Page
    PDF
    hierarchy 952056 - Amendment to Amendment (410350)
    Governmental Oversight and Accountability
    (Ring)
    4/6/2009
    11:00 AM
    Favorable
    4/8/2009
    Web Page
    PDF
    289978 - Amendment
    Community Affairs
    (Deutch)
    3/9/2009
    1:10 PM
    Favorable
    4/8/2009
    Web Page
    PDF
    hierarchy 691514 - Amendment to Amendment (289978)
    Governmental Oversight and Accountability
    (Ring)
    4/6/2009
    11:00 AM
    Favorable
    4/8/2009
    Web Page
    PDF
    123552 - Amendment
    Community Affairs
    (Bennett)
    3/10/2009
    10:08 AM
    Favorable
    4/8/2009
    Web Page
    PDF
    839958 - Amendment
    Community Affairs
    (Bennett)
    3/10/2009
    10:08 AM
    Favorable
    4/8/2009
    Web Page
    PDF
    655432 - Amendment
    Governmental Oversight and Accountability
    (Ring)
    4/6/2009
    11:00 AM
    Replaced by Engrossed Amendment
    4/8/2009
    Web Page
    PDF
    hierarchy 869152 - Amendment to Amendment (655432)
    Governmental Oversight and Accountability
    (Ring)
    4/6/2009
    2:12 PM
    Replaced by Engrossed Amendment
    4/8/2009
    Web Page
    PDF
    907414 - Amendment
    Governmental Oversight and Accountability
    (Ring)
    4/8/2009
    3:03 PM
    Favorable
    4/8/2009
    Web Page
    PDF
    977690 - Amendment
    General Government Appropriations
    (Baker)
    4/15/2009
    9:32 AM
    Replaced by Committee Substitute
    4/8/2009
    Web Page
    PDF

    Committee Votes (3)

    Date Committee Result
    3/10/2009 10:30 AM Community Affairs 10 Yeas - 0 Nays
    4/7/2009 8:00 AM Governmental Oversight and Accountability 8 Yeas - 0 Nays
    4/15/2009 9:45 AM General Government Appropriations 5 Yeas - 0 Nays

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    175.032 Definitions.
    175.061 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    175.071 General powers and duties of board of trustees.
    175.101 State excise tax on property insurance premiums authorized; procedure.
    175.171 Optional forms of retirement income.
    175.361 Termination of plan and distribution of fund.
    185.02 Definitions.
    185.05 Board of trustees; members; terms of office; meetings; legal entity; costs; attorney's fees.
    185.06 General powers and duties of board of trustees.
    185.161 Optional forms of retirement income.
    185.37 Termination of plan and distribution of fund.

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