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IL HB5317

Bill

Official Source

Status

Introduced

2/14/2020

Primary Sponsor

Anna Moeller

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Creates the Defined Benefit Plan Reporting Act requiring defined benefit plans with 200 or more members to comply with federal reporting requirements under 29 U.S.C. 1024(b)(3)

  • Applies only to plans not covered by the Employee Retirement Income Security Act of 1974 (ERISA)

  • Exempts governmental plans as defined in 29 U.S.C. 1002(32) from the reporting requirements

  • Takes effect immediately upon becoming law

Legislative Description

DEFINED BENEFIT PLAN REPORTING

Last Action

Rule 19(b) / Re-referred to Rules Committee

6/23/2020

Committee Referrals

Rules6/23/2020
Personnel & Pensions3/3/2020
Rules2/18/2020

Full Bill Text

No bill text available