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CS/CS/HB 239: Florida Retirement System

GENERAL BILL by Appropriations Committee ; Constitutional Rights, Rule of Law & Government Operations Subcommittee ; Busatta Cabrera ; Casello ; (CO-INTRODUCERS) Abbott ; Altman ; Alvarez ; Anderson ; Arrington ; Baker ; Bankson ; Barnaby ; Bartleman ; Basabe ; Bell ; Beltran ; Benjamin ; Berfield ; Black ; Borrero ; Bracy Davis ; Canady ; Caruso ; Cassel ; Chaney ; Cross ; Daley ; Duggan ; Edmonds ; Eskamani ; Fabricio ; Fernandez-Barquin ; Franklin ; Gantt ; Garcia ; Giallombardo ; Gonzalez Pittman ; Gossett-Seidman ; Gottlieb ; Gregory ; Griffitts ; Harris ; Hart ; Hawkins ; Holcomb ; Hunschofsky ; Jacques ; Joseph ; Killebrew ; Koster ; LaMarca ; Leek ; López, J. ; Lopez, V. ; Maggard ; Maney ; McFarland ; Mooney ; Overdorf ; Plakon ; Plasencia ; Porras ; Rizo ; Roth ; Salzman ; Shoaf ; Silvers ; Sirois ; Skidmore ; Smith ; Snyder ; Stark ; Steele ; Tant ; Trabulsy ; Valdés ; Waldron ; Williams ; Woodson ; Yarkosky ; Yeager

Florida Retirement System; Revises provisions relating to Special Risk Class normal retirement date, DROP participation, interest accrual rates, COLA, employer retirement contribution rates, investment plan member accounts, member disability coverage, & line-of-duty death benefit coverage.

Effective Date: 7/1/2023
Last Action: 4/4/2023 House - Laid on Table; companion bill(s) passed, see SB 2500 (Ch. 2023-239), CS/SB 7024 (Ch. 2023-193)
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    1/18/2023 House • Filed
    1/25/2023 House • Referred to Constitutional Rights, Rule of Law & Government Operations Subcommittee
    • Referred to Appropriations Committee
    • Referred to State Affairs Committee
    • Now in Constitutional Rights, Rule of Law & Government Operations Subcommittee
    3/7/2023 House • Added to Constitutional Rights, Rule of Law & Government Operations Subcommittee agenda
    • 1st Reading (Original Filed Version)
    3/9/2023 House • Favorable with CS by Constitutional Rights, Rule of Law & Government Operations Subcommittee
    • Reported out of Constitutional Rights, Rule of Law & Government Operations Subcommittee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    • 1st Reading (Committee Substitute 1)
    3/13/2023 House • Referred to Appropriations Committee
    • Referred to State Affairs Committee
    • Now in Appropriations Committee
    3/24/2023 House • PCS added to Appropriations Committee agenda
    3/28/2023 House • Favorable with CS by Appropriations Committee
    • Reported out of Appropriations Committee
    • Laid on Table under Rule 7.18(a)
    • CS Filed
    • Original reference removed: State Affairs Committee
    • Bill referred to House Calendar
    3/29/2023 House • Bill added to Special Order Calendar (4/3/2023)
    • 1st Reading (Committee Substitute 2)
    4/3/2023 House • Read 2nd time
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    4/4/2023 House • Substituted CS/SB 7024
    • Laid on Table; companion bill(s) passed, see SB 2500 (Ch. 2023-239), CS/SB 7024 (Ch. 2023-193)

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  • CS/CS/HB 239, Committee Substitute 2 (Current Bill Version) Posted 3/28/2023 at 6:16 PM

    Bill Text:   PDF
    Analyses:   Appropriations Committee (Post-Meeting) 3/30/2023 (pdf)

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 5001 General Appropriations Act Appropriations Committee Compare Last Action: 4/4/2023 H Laid on Table; companion bill(s) passed, see SB 2500 (Ch. 2023-239), CS/CS/HB 1285 (Ch. 2023-167), HB 5101 (Ch. 2023-245), HB 5303 (Ch. 2023-246), SB 2502 (Ch. 2023-240), SB 2504 (Ch. 2023-241), SB 2506 (Ch. 2023-242), SB 2510 (Ch. 2023-243), SB 7018 (Ch. 2023-244), SB 7024 (Ch. 2023-193), SB 7030 (Ch. 2023-265)
    S 224 (c1) Special Risk Class Retirement Date Hooper Compare Last Action: 5/5/2023 S Died in Appropriations
    S 2500 (er) Appropriations Appropriations Compare Last Action: 3/11/2024 S Line Item Veto message transmitted to Secretary of State
    S 7024 (er) Retirement Governmental Oversight and Accountability Compare Last Action: 6/6/2023 Chapter No. 2023-193, companion bill(s) passed, see SB 2500 (Ch. 2023-239)

    Citations - Statutes (9)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 2 (pdf)
    121.053 Participation in the Elected Officers’ Class for retired members. Page 3 (pdf)
    121.091 Benefits payable under the system. Page 4 (pdf)
    121.101 Cost-of-living adjustment of benefits. Page 24 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 25 (pdf)
    121.71 Uniform rates; process; calculations; levy. Page 31 (pdf)
    121.72 Allocations to investment plan member accounts; percentage amounts. Page 34 (pdf)
    121.73 Allocations for member disability coverage; percentage amounts. Page 36 (pdf)
    121.735 Allocations for member line-of-duty death benefits; percentage amounts. Page 39 (pdf)

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  • CS/HB 239, Committee Substitute 1 Posted 3/9/2023 at 5:24 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 224 (c1) Special Risk Class Retirement Date Hooper Similar Last Action: 5/5/2023 S Died in Appropriations

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 1 (pdf)
    121.091 Benefits payable under the system. Page 3 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 10 (pdf)

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  • HB 239, Original Filed Version Posted 1/18/2023 at 8:44 AM

    Bill Text:   PDF
    Analyses:   Constitutional Rights, Rule of Law & Government Operations Subcommittee (Post-Meeting) 6/8/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 224 Special Risk Class Retirement Date Hooper Identical Last Action: 5/5/2023 S Died in Appropriations

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    807731 - Amendment
    Remove line 375 and insert:
    Busatta Cabrera 3/8/2023
    4:54 PM
    Adopted without Objection
    3/9/2023
    PDF

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    121.021 Definitions. Page 1 (pdf)
    121.091 Benefits payable under the system. Page 3 (pdf)
    121.4501 Florida Retirement System Investment Plan. Page 10 (pdf)

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