Bill Summary

SB 7022 Retirement (2025 Session)
Retirement; Authorizing an officer, except while serving as a legislator, to remain in elective office and receive accumulated DROP proceeds after the officer attains a certain age; providing that, upon termination, the officer receives accumulated DROP proceeds including interest earned in accordance with a specified provision; requiring the Division of Retirement or the State Board of Administration, as appropriate, to take steps to recoup from the elected officer any DROP proceeds distributed in accordance with a specified provision, under specified circumstances; revising required employer retirement contribution rates for each membership class and subclass of the Florida Retirement System, etc. Effective Date: 7/1/2025
03/13/25
SENATE
Filed
03/13/25
SENATE
On Committee agenda - Governmental Oversight and Accountability, 03/18/25, 3:30 pm, 110 S
03/18/25
SENATE
Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; 8 Yeas, 0 Nays
03/19/25
SENATE
Committee Bill Text Filed
03/19/25
SENATE
Referred to Appropriations
03/28/25
SENATE
On Committee agenda - Appropriations, 04/02/25, 9:00 am, 412 K
03/31/25
SENATE
On Committee agenda - Appropriations, 04/03/25, 9:00 am, 412 K
7022PB
Filed on 03/13/25
PDF
Amendment 861978
Filed on 03/17/25
Replaced by CS
7022
Filed on 03/19/25
PDF
No amendments to this bill text filed.
121.053
121.091
121.71
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