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CS/CS/HB 599: Publicly Funded Defined Benefit Retirement Plans

GENERAL BILL by Appropriations Committee ; Government Operations Subcommittee ; Caldwell ; (CO-INTRODUCERS) Combee

Publicly Funded Defined Benefit Retirement Plans; Deletes requirement that required actuarial reports for retirement plans include disclosure of present value of plan's benefits; provides that state is not liable for shortfalls in local government retirement systems or plans; requires defined benefit system or plan to report certain information to DMS by certain date; requires plan sponsor to make certain information available on certain websites; provides consequences for failure to timely submit required information; provides method for plan sponsor to request hearing to contest such consequences; requires department to provide fact sheet specifying certain information; provides declaration of important state interest.

Effective Date: 7/1/2013
Last Action: 4/30/2013 House - Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    2/5/2013 House • Filed
    2/12/2013 House • Referred to Government Operations Subcommittee; Appropriations Committee; State Affairs Committee -HJ 66
    2/13/2013 House • On Committee agenda-- Government Operations Subcommittee, 02/20/13, 11:30 am, Webster Hall
    2/20/2013 House • CS by Government Operations Subcommittee; YEAS 8 NAYS 3 -HJ 156
    2/25/2013 House • Pending review of CS under Rule 7.19(c)
    3/1/2013 House • Now in Appropriations Committee -HJ 152
    3/5/2013 House • Introduced -HJ 66
    • CS by Government Operations Subcommittee read 1st time -HJ 150
    4/8/2013 House • On Committee agenda-- Appropriations Committee, 04/10/13, 3:30 pm, Webster Hall
    4/10/2013 House • CS/CS by Appropriations Committee; YEAS 14 NAYS 12 -HJ 580
    4/11/2013 House • Pending review of CS under Rule 7.19(c)
    • CS/CS by Appropriations Committee read 1st time -HJ 571
    4/12/2013 House • Now in State Affairs Committee -HJ 610
    • On Committee agenda-- State Affairs Committee, 04/16/13, 2:00 pm, Morris Hall
    4/16/2013 House • Favorable by- State Affairs Committee; YEAS 9 NAYS 7 -HJ 666
    4/17/2013 House • Placed on Calendar -HJ 666
    4/29/2013 House • Placed on Special Order Calendar, 04/30/13
    4/30/2013 House • Substituted CS/CS/CS/SB 534 -HJ 1008
    • Laid on Table, companion bill(s) passed, see CS/CS/CS/SB 534 (Ch. 2013-100) -HJ 1008

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  • CS/CS/HB 599, Committee Substitute 2 (Current Bill Version) Posted 4/11/2013 at 8:59 AM

    Bill Text:   PDF
    Analyses:   State Affairs Committee (Post-Meeting) 4/17/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 534 (er) Publicly Funded Defined Benefit Retirement Plans Brandes Identical Last Action: 6/3/2013 Chapter No. 2013-100
    Location: Became Law

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    112.63 Actuarial reports and statements of actuarial impact; review. Page 3 (pdf)
    112.66 General provisions. Page 4 (pdf)
    112.664 Page 4 (pdf)
    112.665 Duties of Department of Management Services. Page 7 (pdf)

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  • CS/HB 599, Committee Substitute 1 Posted 2/25/2013 at 1:19 PM

    Bill Text:   PDF
    Analyses:   Appropriations Committee (Post-Meeting) 4/11/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 534 (c3) Publicly Funded Defined Benefit Retirement Plans Brandes Compare Last Action: 6/3/2013 Chapter No. 2013-100
    Location: Became Law

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    788233 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Caldwell 4/9/2013
    8:01 PM
    Adopted without Objection
    4/10/2013
    PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    112.66 General provisions. Page 3 (pdf)
    112.664 Page 3 (pdf)
    112.665 Duties of Department of Management Services. Page 6 (pdf)

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  • HB 599, Original Filed Version Posted 2/5/2013 at 12:01 PM

    Bill Text:   PDF
    Analyses:   Government Operations Subcommittee (Post-Meeting) 6/3/2013 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 534 Publicly-funded Defined Benefit Retirement Plans Brandes Identical Last Action: 6/3/2013 Chapter No. 2013-100
    Location: Became Law

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    049579 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Caldwell 2/19/2013
    6:00 PM
    Adopted
    2/20/2013
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    112.66 General provisions. Page 3 (pdf)
    112.664 Page 3 (pdf)

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