HB 1271 CS (2004) -  State Financial Matters

General Bill by Brown (CO-SPONSORS) Kallinger
State Financial Matters: Specifies spouse at time of death as beneficiary for purposes of the retiree health insurance subsidy; provides an exception; provides deadlines for employees for election and removal from the optional retirement program; requires an employer to communicate retirement options to employees; authorizes employees to change retirement plans if within an allotted timeframe; authorizes the State Board of Administration to cash out de minimis accounts when the participant has been terminated for 6 months; removes the ability of a deceased disabled retiree's beneficiary to receive Florida Retirement Trust Fund account balances; revises criteria for employer contributions to include adjustments as a result of error or corrections; requires participants to repay excess employer contributions; provides that expenditures for acquisition and and operation of investments in private equity or other private investment partnerships or limited liability companies shall be included in the cost of the investment; provides criteria for rating investment grade for fixed income obligations for investments; deletes a provision allowing general foreign government-backed investments that have not defaulted for a minimum of 25 years; provides for a Florida Retirement System Defined Benefit Plan Investment Policy Statement instead of a plan.
Companion Bill passed CS/SB 1650 State Financial Matters/FRS By Appropriations and Wise
Effective Date: July 1, 2004
Last Event: Companion Bill passed, refer to CS/SB 1650 on Thursday, April 22, 2004 1:59 PM; HB Laid on Table

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 1650 Subject: State Financial Matters/FRS Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Appropriations 4/22/2004 10:02:57 AM
Chamber: House Committee: Appropriations 4/1/2004 7:56:04 PM
Chamber: House Committee: State Administration 3/18/2004 8:00:54 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Laid on Table, refer to CS/SB 1650 Time: 04/22/2004 - 1:59 PM Member: Committee: Version:
Event: H Substituted CS/SB 1650 Time: 04/22/2004 - 1:59 PM Member: Committee: Version:
Event: H Bill added to Special Order Calendar (4/22/2004 8:42:51 PM) Time: 04/20/2004 - 8:43 PM Member: Committee: Version:
Event: H Bill added to Second Reading Calendar Time: 04/05/2004 - 1:01 PM Member: Committee: Version:
Event: H Bill released to House Calendar Time: 04/05/2004 - 1:01 PM Member: Committee: Version:
Event: H Bill released from committee Time: 04/05/2004 - 1:01 PM Member: Committee: Appropriations Version:
Event: H Bill passed referred committee Time: 04/05/2004 - 1:01 PM Member: Committee: Appropriations Version:
Event: H Bill added to Appropriations agenda Time: 03/31/2004 - 3:49 PM Member: Committee: Appropriations Version:
Event: H Now in Appropriations Time: 03/22/2004 - 7:44 PM Member: Committee: Appropriations Version:
Event: H Remaining referral: Appropriations Time: 03/22/2004 - 7:44 PM Member: Committee: Appropriations Version:
Event: H Recommendation: CS by State Administration ; Pending Review of CS under Rule 6.3 Time: 03/18/2004 - 8:01 AM Member: Committee: State Administration Version:
Event: H Bill released from committee Time: 03/18/2004 - 8:01 AM Member: Committee: State Administration Version:
Event: H Bill passed referred committee Time: 03/18/2004 - 8:01 AM Member: Committee: State Administration Version:
Event: H Bill added to State Administration agenda Time: 03/11/2004 - 4:19 PM Member: Committee: State Administration Version:
Event: H Now in State Administration Time: 03/04/2004 - 10:38 PM Member: Committee: State Administration Version:
Event: H Bill referred to committee Time: 03/04/2004 - 10:38 PM Member: Committee: Appropriations Version:
Event: H Bill referred to committee Time: 03/04/2004 - 10:38 PM Member: Committee: State Administration Version:
Event: H 1st Reading Time: 03/03/2004 - 1:24 AM Member: Committee: Version:
Event: H Filed timely Time: 02/24/2004 - 8:19 AM Member: Brown Committee: Version:

Statutes Referenced by this Bill

Statute Other Bill Citations
112.363 HB 587, HB 663
121.4501 HB 429, HB 587
121.591 HB 587
121.78
215.47 HB 501
215.475
215.5601 HB 497, HB 501, HB 1089