Illinois 104th General Assembly Status: Introduced 4 D cosponsors

HB1435      — SECURE CHOICE PROGRAM-IRAS

Last action — Added Co-Sponsor Rep. Stephanie A. Kifowit

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the House. Introduced January 17, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 34% · moderate confidence

  • Introduced

    Current position in the legislative process.

  • 4 sponsors

    1 primary, 3 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (4 D).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Amends the Illinois Secure Choice Savings Program Act. Provides that the accounts established under the Secure Choice Savings Program shall be IRAs, into which enrollees contribute funds that are invested in investment options established by the Illinois Secure Choice Savings Board. Provides that a separate account shall be established for each enrollee and the accounts shall be owned by the enrollee. Provides that the savings accounts established under the Program shall be portable and allow for an enrollee to make contributions from multiple employers into a single account. Provides that an enrollee in the Program may have both a Roth IRA and a Traditional IRA through the Program. Provides that the Board shall have the duty to assess the feasibility of agreements with other governmental entities, including other states and their agencies and instrumentalities, to achieve greater economies of scale through shared resources and to enter into those agreements if determined to be beneficial. Provides that an employer who fails without reasonable cause to enroll an employee in the Program within the time provided and fails to remit their contributions (rather than fails without reasonable cause to enroll an employee in the Program within the time provided) shall be subject to a penalty. Makes changes in provisions concerning employer and employee information packets. Effective immediately.

Bill Text

We don't have the full text on file for this bill yet.

Read HB1435 on the official Illinois source →

Action History

  1. Added Co-Sponsor Rep. Stephanie A. Kifowit

  2. House Floor Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee

  3. Rule 19(a) / Re-referred to Rules Committee

  4. House Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 007-004-000

  5. Held on Calendar Order of Second Reading - Short Debate

  6. Second Reading - Short Debate

  7. House Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee

  8. House Floor Amendment No. 1 Referred to Rules Committee

  9. House Floor Amendment No. 1 Filed with Clerk by Rep. Gregg Johnson

  10. Added Co-Sponsor Rep. Laura Faver Dias

  11. Placed on Calendar 2nd Reading - Short Debate

  12. Added Co-Sponsor Rep. Martha Deuter

  13. Do Pass / Short Debate Personnel & Pensions Committee; 008-004-000

  14. Assigned to Personnel & Pensions Committee

  15. Referred to Rules Committee

  16. First Reading

  17. Filed with the Clerk by Rep. Gregg Johnson

Sponsors

Sponsorship breakdown

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1 sponsors · 3 co-sponsors · 179 not signed on · 4 voted No

Sponsors (1)

Co-sponsors (3)

Not signed on (179)

179 members have not signed on to this bill.

Show all 179 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Personnel & Pensions

Passed 7 Yea · 4 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 7001
Republican 0400
Total 7401
% of votes cast 58%33%0%8%
How each member voted (12)
Member Party Vote
Carol Ammons Democrat Not Voting
Dagmara Avelar Democrat Yea
Dave Vella Democrat Yea
Gregg Johnson Democrat Yea
Janet Yang Rohr Democrat Yea
Martha Deuter Democrat Yea
Michael J. Kelly Democrat Yea
Yolonda Morris Democrat Yea
Blaine Wilhour Republican Nay
Kyle Moore Republican Nay
Steven Reick Republican Nay
Travis Weaver Republican Nay

Official roll call →

Personnel & Pensions

Passed 8 Yea · 4 Nay
Party YeaNayPresentNot Voting
Democrat 8000
Republican 0400
Total 8400
% of votes cast 67%33%0%0%
How each member voted (12)
Member Party Vote
Carol Ammons Democrat Yea
Dagmara Avelar Democrat Yea
Dave Vella Democrat Yea
Janet Yang Rohr Democrat Yea
Martha Deuter Democrat Yea
Michael J. Kelly Democrat Yea
Stephanie A. Kifowit Democrat Yea
Yolonda Morris Democrat Yea
Blaine Wilhour Republican Nay
Kyle Moore Republican Nay
Steven Reick Republican Nay
Travis Weaver Republican Nay

Official roll call →

Subjects

finance housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB1435      do?
Amends the Illinois Secure Choice Savings Program Act. Provides that the accounts established under the Secure Choice Savings Program shall be IRAs, into which enrollees contribute funds that are invested in investment options established by the Illinois Secure Choice Savings Board. Provides that a separate account shall be established for each enrollee and the accounts shall be owned by the enrollee. Provides that the savings accounts established under the Program shall be portable and allow for an enrollee to make contributions from multiple employers into a single account. Provides that an enrollee in the Program may have both a Roth IRA and a Traditional IRA through the Program. Provides that the Board shall have the duty to assess the feasibility of agreements with other governmental entities, including other states and their agencies and instrumentalities, to achieve greater economies of scale through shared resources and to enter into those agreements if determined to be beneficial. Provides that an employer who fails without reasonable cause to enroll an employee in the Program within the time provided and fails to remit their contributions (rather than fails without reasonable cause to enroll an employee in the Program within the time provided) shall be subject to a penalty. Makes changes in provisions concerning employer and employee information packets. Effective immediately.
Who sponsors HB1435     ?
HB1435      is sponsored by Gregg Johnson (Democrat), Martha Deuter (Democrat), Laura Faver Dias (Democrat), and Stephanie A. Kifowit (Democrat).
What is the current status of HB1435     ?
This bill has been introduced in the House. Introduced January 17, 2025. It must pass committee before a floor vote.
Where can I track HB1435     ?
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Last checked for changes 3 months ago · updated continuously

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