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.

Current Bill Version Posted: 12/29/2025 11:08 AM

• Senate Committee References (3)

  1. Governmental Oversight and Accountability (GO)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)

• Related Bills (1)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 1403 by Salzman Deferred Compensation Plans for Public Employees Last Action: 1/15/2026 H Now in Government Operations Subcommittee	Identical

• Citations - Statute (3)

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  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)

• Bill History

  S = Senate, H = House

  12/29/2025	S	• Filed
  1/7/2026	S	• Referred to Governmental Oversight and Accountability; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
  1/13/2026	S	• Introduced