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Glossary of Legislative Terms

SB 1018: Deferred Compensation Plans for Public Employees

GENERAL BILL by Truenow

Deferred Compensation Plans for Public Employees; Citing this act as the "Deferred Compensation Automatic Enrollment Act"; authorizing the inclusion of an automatic enrollment arrangement in a government employee’s deferred compensation plan; requiring that the automatic enrollment arrangement provide employees the ability to make certain elections regarding contributions; requiring that the plan provide for a default investment into which contributions must be placed under a specified circumstance; authorizing counties, municipalities, political subdivisions, and constitutional county officers to adopt automatic enrollment arrangements for specified deferred compensation programs, etc.

Effective Date: 7/1/2026
Last Action: 1/7/2026 Senate - Referred to Governmental Oversight and Accountability; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
Bill Text: Web Page | PDF
Senate Committee References:
  1. Governmental Oversight and Accountability (GO)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
12/29/2025 Senate • Filed
1/7/2026 Senate • Referred to Governmental Oversight and Accountability; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations