CS/CS/HB 7011 (2013) -  Florida Retirement System

General Bill by State Affairs Committee and Appropriations Committee and Government Operations Subcommittee and Brodeur (CO-SPONSORS) Precourt
Florida Retirement System: Limits ability of members of optional retirement program to transfer to FRS; provides for compulsory membership in FRS Investment Plan for employees initially enrolled after specified date; provides for compulsory membership in investment plan for certain employees; prohibits certain membership in Senior Management Service Class or Senior Management Service Optional Annuity Program; provides that certain participants in optional retirement program for State University System have choice between optional retirement program & FRS Investment Plan; requires SBA to develop investment products to be offered in investment plan; requires SBA to provide self-directed brokerage account as investment option; requires state board to contract with provider to provide self-directed brokerage account investment option; provides self-directed brokerage account requirements; deletes obligation of system employers to communicate existence of both retirement plans; provides additional death benefit to specified members of the Special Risk Class; limits disability benefits to eligible members; adjusts required employer contribution rates for unfunded actuarial liability of FRS for select classes; provides that act fulfills important state interest; requires SBA & DMS to request determination letter from IRS.
Effective Date: July 1, 2013
Last Event: 05/03/13 S Died on Calendar on Friday, May 3, 2013 7:16 PM

PCB committee actions:

  • PCB GVOPS 13-01 recommended by:
    Government Operations Subcommittee

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1392 Subject: Retirement Relationship: Compare

Bill Text

  • Committee Substitute 2
    • D 750668 , Simpson Date Filed: 04/29/13, Line#: 0 Senate: Pending 4/30/2013 3:28:20 PM
    • SD 268786 , Simpson Date Filed: 04/29/13, Line#: 0 Senate: Failed 4/30/2013 3:19:47 PM
    • A 773000 , Simpson Date Filed: 04/29/13, Line#: 0 Senate: Withdrawn 4/29/2013 6:14:08 PM
    • SD 677732 , Simpson Date Filed: 04/29/13, Line#: 0 Senate: Withdrawn 4/29/2013 6:14:11 PM
    • A 805139 , Fasano Date Filed: 03/21/13, Line#: 395 House: Withdrawn 03/22/2013 11:19 AM
    • SA 299145 , Gaetz Date Filed: 03/22/13, Line#: 395 House: Withdrawn 03/22/2013 01:24 PM
    • A 417309 , Fasano Date Filed: 03/20/13, Line#: 1358 House: Withdrawn 03/21/2013 09:27 AM
  • Committee Substitute 1
    • A 103773 , Brodeur, Steube (SAC) Date Filed: 03/14/13, Line#: 800 House(c): Adopted 03/14/2013 04:22 PM
    • A 210427 , Brodeur (SAC) Date Filed: 03/14/13, Line#: 1558 House(c): Adopted 03/14/2013 04:22 PM
  • Original Filed Version
    • A 756889 , Brodeur (APC) Date Filed: 03/07/13, Line#: 1489 House(c): Adopted 03/11/2013 04:07 PM
  • PCB GVOPS 13-01

Staff Analysis

Chamber Committee
Chamber: House Committee: State Affairs Committee 3/15/2013 4:28:48 PM
Chamber: House Committee: State Affairs Committee 3/12/2013 5:09:35 PM
Chamber: House Committee: Appropriations Committee 3/11/2013 11:36:14 AM
Chamber: House Committee: Appropriations Committee 3/7/2013 6:19:17 PM
Chamber: House Committee: Government Operations Subcommittee 3/6/2013 5:09:10 PM
Chamber: House Committee: Government Operations Subcommittee 3/4/2013 4:42:18 PM --UnPublished--
Chamber: House Committee: Government Operations Subcommittee 1/31/2013 4:25:50 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 03/22/2013 01:04 PM   Yeas: 115 Nays: 0 Action: Quorum Action 2: Vote Detail: Vote [Seq# 22] Barcode:
Chamber: House Date: 03/22/2013 01:21 PM   Yeas: 74 Nays: 42 Action: Passage Action 2: Vote Detail: Vote [Seq# 23] Barcode:
Chamber: Senate Date: 04/30/2013 03:19 PM   Yeas: 18 Nays: 22 Action: Amendment Action 2: Vote Detail: Vote [Seq# 36] Barcode:

Bill History

Event Time Member Committee Ver.
Event: S Died on Calendar Time: 05/03/2013 - 7:16 PM Member: Committee: Version: c2
Event: S Temporarily postponed on 2nd reading; On Unfinished Business Time: 04/30/2013 - 4:33 PM Member: Committee: Version: c2
Event: S Amendment(s) pending (750668) -SJ 809 Time: 04/30/2013 - 3:20 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 808 Time: 04/30/2013 - 1:40 PM Member: Committee: Version: c2
Event: S Substituted for CS/CS/SB 1392 -SJ 808 Time: 04/30/2013 - 1:40 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading -SJ 808 Time: 04/30/2013 - 1:40 PM Member: Committee: Version: c2
Event: S Withdrawn from Governmental Oversight and Accountability; Community Affairs; Appropriations -SJ 808 Time: 04/30/2013 - 1:40 PM Member: Committee: Version: c2
Event: S Referred to Governmental Oversight and Accountability; Community Affairs; Appropriations -SJ 291 Time: 04/03/2013 - 9:40 AM Member: Committee: Version: c2
Event: S Received -SJ 291 Time: 04/03/2013 - 9:39 AM Member: Committee: Version: c2
Event: S In Messages Time: 04/02/2013 - 6:46 PM Member: Committee: Version: c2
Event: H Message sent to senate Time: 04/02/2013 - 6:42 PM Member: Committee: Version: c2
Event: H Amendment 299145 withdrawn Time: 03/22/2013 - 1:24 PM Member: Committee: Version: c2
Event: H CS passed; YEAS 74, NAYS 42 Time: 03/22/2013 - 1:21 PM Member: Committee: Version: c2
Event: H Passage on third reading Time: 03/22/2013 - 1:21 PM Member: Committee: Version: c2
Event: H Amendment 805139 withdrawn Time: 03/22/2013 - 11:19 AM Member: Committee: Version: c2
Event: H Amendment 299145 withdrawn Time: 03/22/2013 - 11:12 AM Member: Committee: Version: c2
Event: H Read 3rd time Time: 03/22/2013 - 11:05 AM Member: Committee: Version: c2
Event: H Amendment 299145 filed Time: 03/22/2013 - 8:31 AM Member: Committee: Version: c2
Event: H Amendment 805139 filed Time: 03/21/2013 - 5:57 PM Member: Committee: Version: c2
Event: H Added to Third Reading Calendar Time: 03/21/2013 - 5:39 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 03/21/2013 - 3:15 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 03/21/2013 - 1:31 PM Member: Committee: Version: c2
Event: H Amendment 417309 withdrawn Time: 03/21/2013 - 9:27 AM Member: Committee: Version: c2
Event: H Amendment 417309 filed Time: 03/20/2013 - 1:41 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (3/21/2013) Time: 03/19/2013 - 7:59 PM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 03/18/2013 - 3:26 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 03/18/2013 - 3:26 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 03/15/2013 - 4:20 PM Member: Committee: Version: c2
Event: H CS Filed Time: 03/15/2013 - 12:24 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 03/15/2013 - 12:24 PM Member: Committee: Version: c1
Event: H Reported out of State Affairs Committee Time: 03/15/2013 - 12:15 PM Member: Committee: State Affairs Committee Version: c1
Event: H Favorable with CS by State Affairs Committee Time: 03/14/2013 - 1:00 PM Member: Committee: State Affairs Committee Version: c1
Event: H Added to State Affairs Committee agenda Time: 03/12/2013 - 4:14 PM Member: Committee: State Affairs Committee Version: c1
Event: H 1st Reading Time: 03/11/2013 - 6:58 PM Member: Committee: Version: c1
Event: H Now in State Affairs Committee Time: 03/11/2013 - 12:48 PM Member: Committee: State Affairs Committee Version: c1
Event: H Referred to State Affairs Committee Time: 03/11/2013 - 12:48 PM Member: Committee: State Affairs Committee Version: c1
Event: H CS Filed Time: 03/11/2013 - 11:44 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 03/11/2013 - 11:44 AM Member: Committee: Version: __
Event: H Reported out of Appropriations Committee Time: 03/11/2013 - 11:35 AM Member: Committee: Appropriations Committee Version: __
Event: H Favorable with CS by Appropriations Committee Time: 03/08/2013 - 1:00 PM Member: Committee: Appropriations Committee Version: __
Event: H Added to Appropriations Committee agenda Time: 03/06/2013 - 4:23 PM Member: Committee: Appropriations Committee Version: __
Event: H 1st Reading Time: 03/05/2013 - 11:59 PM Member: Committee: Version: __
Event: H Now in Appropriations Committee Time: 02/20/2013 - 2:54 PM Member: Committee: Appropriations Committee Version: __
Event: H Referred to State Affairs Committee Time: 02/20/2013 - 2:54 PM Member: Committee: State Affairs Committee Version: __
Event: H Referred to Appropriations Committee Time: 02/20/2013 - 2:54 PM Member: Committee: Appropriations Committee Version: __
Event: H Filed Time: 02/07/2013 - 4:20 PM Member: Committee: Government Operations Subcommittee Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
121.051 HB 1179, CS/CS/SB 1392
121.052 HB 1179, CS/CS/SB 1392, SB 1810
121.055 CS/SB 690, HB 1179, CS/CS/SB 1392, SB 1810, HB 7069
121.35 HB 1179, CS/CS/SB 1392
121.4501 CS/CS/SB 1392
121.591 CS/CS/HB 87*, SB 1380, CS/CS/SB 1392, CS/CS/SB 1666
238.072 CS/CS/SB 1392
413.051 CS/CS/SB 1392

(*) Not the latest version