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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

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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

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  • SB 1018, Original Filed Version (Current Bill Version) Posted 12/29/2025 at 11:08 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1403 Deferred Compensation Plans for Public Employees Salzman Identical Last Action: 1/9/2026 H Filed

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    110.114 Employee wage deductions. Page 3 (pdf)
    112.171 Employee wage deductions. Page 4 (pdf)
    112.215 Government employees; deferred compensation program. Page 2 (pdf)

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