MO SB 1559
died on adjournmentModifies provisions relating to deferred compensation for state employees
Missouri · 2026 Regular Session · upper
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Quick answers
Did MO SB 1559 pass?
No. MO SB 1559 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-01-14): S First Read
What is MO SB 1559 about?
SB 1559 - This act provides that the election to defer compensation by the employees of the state of Missouri shall be made at the beginning of the payroll period, rather than the month, for which the compensation is paid and contributions shall begin on the pay period beginning after such election. Beginning July 1, 2027, this act provides that the deferred compensation plan shall provide for automatic increases for certain employees participating or eligible to participate in the deferred compensation plan. The increase shall commence with the first payroll period following the employee's one year anniversary date of employment or re-employment with the state, whichever is later. The deferral amount shall increase annually by .5% until the amount reaches 10% of compensation or the limitation imposed under federal law, whichever is less. Employees who are automatically increased may elect to change the contribution rate in accordance with the terms of the plan. This act is identical to a provision in SB 1054 (2026). KATIE O'BRIEN
Who sponsors MO SB 1559?
Henderson, Mike is the primary sponsor of MO SB 1559.
Description
SB 1559 - This act provides that the election to defer compensation by the employees of the state of Missouri shall be made at the beginning of the payroll period, rather than the month, for which the compensation is paid and contributions shall begin on the pay period beginning after such election. Beginning July 1, 2027, this act provides that the deferred compensation plan shall provide for automatic increases for certain employees participating or eligible to participate in the deferred compensation plan. The increase shall commence with the first payroll period following the employee's one year anniversary date of employment or re-employment with the state, whichever is later. The deferral amount shall increase annually by .5% until the amount reaches 10% of compensation or the limitation imposed under federal law, whichever is less. Employees who are automatically increased may elect to change the contribution rate in accordance with the terms of the plan. This act is identical to a provision in SB 1054 (2026). KATIE O'BRIEN
- Introduced
- —
- Latest action
- 2026-01-14 — S First Read
- Bill type
- bill
- Last updated
- —
Sponsors
- Henderson, Mikeprimary
Committees
Not provided by source.
Action timeline
Newest first
2026-02-05
Second Read and Referred S Local Government, Elections and Pensions Committee
reading-2,referral-committee
2026-01-14
S First Read
reading-1
Versions
- 6555S.01I - IntroducedCompare
Documents
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_api_sync, retrieved 2026-08-21T21:08:48.597527Z
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