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CS/CS/HB 1307: State Financial Matters [GPSC]

GENERAL BILL by Economic Development and Community Affairs Policy Council ; Governmental Affairs Policy Committee ; Schenck

State Financial Matters [GPSC]; Provides for excess account balances in Public Employee Optional Retirement Program when employee transfers to defined benefit program; establishes forfeiture account in Public Employee Retirement Program TF; requires that SBA create audit committee for specified purposes; requires that contract for investment advisor or manager include standard of conduct, etc.

Effective Date: 07/01/2010
Last Action: 6/1/2010 - Approved by Governor; Chapter No. 2010-180
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/25/2010 House • Filed
    3/2/2010 House • Introduced -HJ 00117
    3/3/2010 House • Referred to Governmental Affairs Policy (EDCA); Government Operations Appropriations (CGHC); Economic Development & Community Affairs Policy Council -HJ 00205
    3/8/2010 House • On Committee agenda-- Governmental Affairs Policy (EDCA), 03/10/10, 8:00 am, 306-H
    3/10/2010 House • CS by Governmental Affairs Policy (EDCA); YEAS 12 NAYS 0 -HJ 00303
    3/16/2010 House • CS read 1st time on 03/16/10 -HJ 00300; Pending review of CS under Rule 7.20
    3/17/2010 House • Now in Government Operations Appropriations (CGHC) -HJ 00340
    3/24/2010 House • On Committee agenda-- Government Operations Appropriations (CGHC), 03/26/10, 8:30 am, 116-K
    3/26/2010 House • Favorable by Government Operations Appropriations (CGHC); YEAS 9 NAYS 0 -HJ 00409; Now in Economic Development & Community Affairs Policy Council -HJ 00409
    4/5/2010 House • On Council agenda-- Economic Development & Community Affairs Policy Council, 04/07/10, 8:00 am, 404-H
    4/7/2010 House • CS/CS by- Economic Development & Community Affairs Policy Council; YEAS 14 NAYS 0 -HJ 00648
    4/8/2010 House • CS read 1st time on 04/08/10 -HJ 00644; Pending review of CS -under Rule 7.20
    4/9/2010 House • Placed on Calendar -HJ 00655
    4/19/2010 House • Placed on Special Order Calendar; Read 2nd time -HJ 00747; Amendment(s) adopted -HJ 00747
    4/20/2010 House • Read 3rd time -HJ 00772; CS passed as amended; YEAS 113 NAYS 0 -HJ 00772
    4/20/2010 Senate • In Messages
    4/23/2010 Senate • Received -SJ 00800; Referred to Governmental Oversight and Accountability; Community Affairs; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00801; Withdrawn from Governmental Oversight and Accountability; Community Affairs; General Government Appropriations; Policy & Steering Committee on Ways and Means -SJ 00786; Substituted for CS/CS/CS/SB 1078 -SJ 00787; Read 2nd time -SJ 00787
    4/26/2010 Senate • Read 3rd time -SJ 00812; Amendment(s) adopted (556716) -SJ 00813; CS passed as amended (556716); YEAS 35 NAYS 0 -SJ 00813
    4/26/2010 House • In returning messages
    4/30/2010 House • Amendment(s) to Senate amendment(s) adopted -HJ 01310; Concurred in Senate amendment(s) as amended -HJ 01310; CS passed as amended; YEAS 116 NAYS 0 -HJ 01310
    4/30/2010 Senate • In returning messages; Concurred (493411) -SJ 01185; CS passed as amended (493411); YEAS 39 NAYS 0 -SJ 01185
    4/30/2010 House • Ordered engrossed, then enrolled -HJ 01694
    5/17/2010 • Signed by Officers and presented to Governor
    6/1/2010 • Approved by Governor; Chapter No. 2010-180

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  • CS/CS/HB 1307, Enrolled (Current Bill Version) Posted 5/3/2010 at 4:04 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (8)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1078 (c3) State Financial Matters [WPSC] Ring Similar Last Action: 4/23/2010 S Placed on Special Order Calendar; Read 2nd time -SJ 00787; Substituted CS/CS/HB 1307 -SJ 00787; Laid on Table, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180) -SJ 00787
    Location:
    H 413 Defined Contribution Retirement Program Wood, Precourt Compare Last Action: 4/30/2010 H Died in Committee on Governmental Affairs Policy (EDCA), companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:
    H 1345 State Board of Administration Jenne Compare Last Action: 4/30/2010 H Died in Committee on Governmental Affairs Policy (EDCA), companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:
    H 5607 (e1) Hays Compare Last Action: 5/7/2011 H Veto Message transmitted to Secretary of State
    Location:
    S 660 Defined Contribution Retirement Program [WPSC] Fasano Compare Last Action: 4/30/2010 S Died in Committee on Community Affairs, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:
    S 1530 State Board of Administration [WPSC] Deutch Compare Last Action: 4/30/2010 S Died in Committee on Governmental Oversight and Accountability, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:
    S 2022 (c1) Florida Retirement System [WPSC] Alexander Compare Last Action: 4/30/2010 S Died in Senate, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:
    S 2186 (c2) State Board of Administration [WPSC] Ring Compare Last Action: 4/30/2010 S Died in Committee on Policy & Steering Committee on Ways and Means, companion bill(s) passed, see CS/CS/HB 1307 (Ch. 2010-180)
    Location:

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.74 Administrative and educational expenses.
    121.78 Payment and distribution of contributions.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.441 Board of Administration; appointment of executive director.
    215.444 Investment Advisory Council.
    215.47 Investments; authorized securities; loan of securities.
    215.4754
    215.4755
    215.52 Rules and regulations.
    218.409 Administration of the trust fund; creation of advisory council.

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  • CS/CS/HB 1307, Engrossed 2 Posted 5/3/2010 at 12:14 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.74 Administrative and educational expenses.
    121.78 Payment and distribution of contributions.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.441 Board of Administration; appointment of executive director.
    215.444 Investment Advisory Council.
    215.47 Investments; authorized securities; loan of securities.
    215.4754
    215.4755
    215.52 Rules and regulations.
    218.409 Administration of the trust fund; creation of advisory council.

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  • CS/CS/HB 1307, Engrossed 1 Posted 4/19/2010 at 6:35 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Amendments (4)

    Amendment Sponsor Filed Last Floor Action Format
    258186 - Amendment
    Ring 4/23/2010
    9:16 AM
    Senate: Withdrawn
    4/30/2010
    PDF
    384060 - Amendment
    Ring 4/23/2010
    9:16 AM
    Senate: Withdrawn
    4/30/2010
    PDF
    556716 - Amendment
    Alexander 4/26/2010
    9:51 AM
    Senate: Adopted
    4/30/2010
    PDF
    hierarchy 493411 - Amendment to Amendment (556716)
    Schenck 4/26/2010
    7:44 PM
    Senate: Concurred
    4/30/2010
    PDF

    Floor Votes (4)

    Date Chamber Result
    4/20/2010 10:04 AM House 113 Yeas - 0 Nays
    4/26/2010 10:58 AM Senate 35 Yeas - 0 Nays
    4/30/2010 8:17 AM House 116 Yeas - 0 Nays
    4/30/2010 3:10 PM Senate 39 Yeas - 0 Nays

    Citations - Statutes (13)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.74 Administrative and educational expenses.
    121.78 Payment and distribution of contributions.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.441 Board of Administration; appointment of executive director.
    215.444 Investment Advisory Council.
    215.47 Investments; authorized securities; loan of securities.
    215.4754
    215.4755
    215.52 Rules and regulations.
    218.409 Administration of the trust fund; creation of advisory council.

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  • CS/CS/HB 1307, Committee Substitute 2 Posted 4/8/2010 at 1:56 PM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Development and Community Affairs Policy Council (Post-Meeting) (pdf)
    House Message Summary (pdf)

    Floor Amendments (3)

    Amendment Sponsor Filed Last Floor Action Format
    978329 - Amendment
    Schenck 4/16/2010
    1:50 PM
    PDF
    483335 - Amendment
    Schenck 4/16/2010
    1:54 PM
    PDF
    602467 - Amendment
    Schenck 4/16/2010
    1:56 PM
    PDF

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.74 Administrative and educational expenses.
    121.78 Payment and distribution of contributions.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.441 Board of Administration; appointment of executive director.
    215.444 Investment Advisory Council.
    215.47 Investments; authorized securities; loan of securities.
    215.52 Rules and regulations.
    218.409 Administration of the trust fund; creation of advisory council.

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  • CS/HB 1307, Committee Substitute 1 Posted 3/16/2010 at 12:53 PM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Development and Community Affairs Policy Council (Post-Meeting) (pdf)
    Governmental Affairs Policy Committee (Post-Meeting) (pdf)
    Government Operations Appropriations Committee (Post-Meeting) (pdf)
    Government Operations Appropriations Committee (Post-Meeting) (pdf)

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.74 Administrative and educational expenses.
    121.78 Payment and distribution of contributions.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.441 Board of Administration; appointment of executive director.
    215.444 Investment Advisory Council.
    215.47 Investments; authorized securities; loan of securities.
    215.52 Rules and regulations.
    218.409 Administration of the trust fund; creation of advisory council.

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  • HB 1307, Original Filed Version Posted 2/25/2010 at 11:36 AM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Affairs Policy Committee (Post-Meeting) (pdf)

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    121.4501 Public Employee Optional Retirement Program.
    121.4502 Public Employee Optional Retirement Program Trust Fund.
    121.591 Benefits payable under the Public Employee Optional Retirement Program of the Florida Retirement System.
    121.74 Administrative and educational expenses.
    121.78 Payment and distribution of contributions.
    215.44 Board of Administration; powers and duties in relation to investment of trust funds.
    215.441 Board of Administration; appointment of executive director.
    215.444 Investment Advisory Council.
    215.47 Investments; authorized securities; loan of securities.
    215.52 Rules and regulations.
    218.409 Administration of the trust fund; creation of advisory council.

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