Bill Summary

SB 7028 Retirement (2026 Session)
Retirement; Authorizing an elected officer, except while serving as a legislator, to remain in elective office and receive accumulated Deferred Retirement Option Program (DROP) proceeds after the officer attains a certain age; 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 the cost-of-living adjustment for eligible Special Risk Class retirees; revising required allocations from the Contributions Clearing Trust Fund to provide disability coverage to members of the investment plan of the Florida Retirement System, etc. Effective Date: 7/1/2026
01/15/26
SENATE
Filed
01/15/26
SENATE
On Committee agenda - Governmental Oversight and Accountability, 01/20/26, 3:30 pm, 110 S
01/20/26
SENATE
Submitted as Committee Bill and Reported Favorably by Governmental Oversight and Accountability; 9 Yeas, 0 Nays
01/21/26
SENATE
Committee Bill Text Filed
01/21/26
SENATE
Referred to Appropriations
02/13/26
SENATE
On Committee agenda - Appropriations, 02/18/26, 1:30 pm, 412 K
02/18/26
SENATE
Favorable with CS by Appropriations; 18 Yeas, 0 Nays
02/18/26
SENATE
Committee Substitute Text (C1) Filed
02/18/26
SENATE
Placed on Calendar, on 2nd reading
02/18/26
SENATE
Placed on Special Order Calendar, 02/20/26
02/20/26
SENATE
Read Second Time; Substituted for HB 5205; Laid on Table, Refer to HB 5205
7028PB
Filed on 01/15/26
PDF
No amendments to this bill text filed.
7028
Filed on 01/21/26
PDF
Amendment 448760
Filed on 02/16/26
Replaced by CS
7028C1
Filed on 02/18/26
PDF
No amendments to this bill text filed.
121.053
121.091
121.101
121.71
121.73
121.735
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