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CS/SB 1352: Deferred Compensation

GENERAL BILL by Governmental Oversight and Accountability ; Smith

Deferred Compensation; Prohibiting contracts with investment providers and recordkeepers for local deferred compensation programs from exceeding a 5-year term; requiring a public official or body to initiate a public bid for investment providers and recordkeepers for local deferred compensation programs; prohibiting specified persons from participating in the selection of an investment provider or recordkeeper under certain circumstances; requiring the administrator of a local deferred compensation program to comply with certain fiduciary standards, etc.

Effective Date: 7/1/2015
Last Action: 5/1/2015 Senate - Died in Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations Subcommittee on General Government (AGG)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    2/25/2015 Senate • Filed
    3/2/2015 Senate • Referred to Governmental Oversight and Accountability; Appropriations Subcommittee on General Government; Appropriations -SJ 128
    3/3/2015 Senate • Introduced -SJ 128
    3/26/2015 Senate • On Committee agenda-- Governmental Oversight and Accountability, 03/31/15, 10:30 am, 401 Senate Office Building
    3/31/2015 Senate • CS by Governmental Oversight and Accountability; YEAS 4 NAYS 0 -SJ 316
    4/1/2015 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS by Governmental Oversight and Accountability read 1st time -SJ 321
    4/2/2015 Senate • Now in Appropriations Subcommittee on General Government -SJ 316
    4/9/2015 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 04/14/15, 1:30 pm, 110 Senate Office Building
    4/14/2015 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on General Government; YEAS 6 NAYS 0 -SJ 426
    4/15/2015 Senate • Now in Appropriations -SJ 426
    5/1/2015 Senate • Died in Appropriations

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  • CS/SB 1352, Committee Substitute 1 (Current Bill Version) Posted 4/1/2015 at 4:26 PM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on General Government (Pre-Meeting) 4/13/2015 (pdf)
    Appropriations Subcommittee on General Government (Post-Meeting) 4/15/2015 (pdf)

    Committee Votes (1)

    Date Committee Result
    4/14/2015 1:30 PM Appropriations Subcommittee on General Government 6 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    112.215 Government employees; deferred compensation program. Page 1 (pdf)

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  • SB 1352, Original Filed Version Posted 2/25/2015 at 1:57 PM

    Bill Text:   Web Page | PDF
    Analyses:   Governmental Oversight and Accountability (Pre-Meeting) 3/30/2015 (pdf)
    Governmental Oversight and Accountability (Post-Meeting) 4/2/2015 (pdf)

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    357586 - Amendment
    Delete lines 29 - 66.
    Governmental Oversight and Accountability
    (Ring)
    3/31/2015
    8:12 AM
    Replaced by Committee Substitute
    3/31/2015
    Web Page
    PDF
    187538 - Amendment
    Delete lines 92 - 100.
    Governmental Oversight and Accountability
    (Hays)
    3/31/2015
    11:33 AM
    Replaced by Committee Substitute
    3/31/2015
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/31/2015 10:30 AM Governmental Oversight and Accountability 4 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    112.215 Government employees; deferred compensation program. Page 1 (pdf)

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