Illinois General Assembly - Bill Status for HB 5013

Bill Status of HB 5013 100th General Assembly

Short Description: PEN CD-POLICE/FIRE INVESTMENT

House Sponsors
Rep. Ryan Spain-Thomas Morrison-Steven Reick

Last Action View All Actions

Date Chamber Action
  1/8/2019 House Session Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-101.6 new
40 ILCS 5/1-101.7 new
40 ILCS 5/1-109.3
40 ILCS 5/1-113.05 new
40 ILCS 5/1-113.1
40 ILCS 5/1-113.2
40 ILCS 5/1-113.3
40 ILCS 5/1-113.4
40 ILCS 5/1-113.4a
40 ILCS 5/1-113.5
40 ILCS 5/1-113.6
40 ILCS 5/1-113.7
40 ILCS 5/1-136 new
40 ILCS 5/1A-112
40 ILCS 5/1A-113
40 ILCS 5/3-125 from Ch. 108 1/2, par. 3-125
40 ILCS 5/3-127 from Ch. 108 1/2, par. 3-127
40 ILCS 5/3-132 from Ch. 108 1/2, par. 3-132
40 ILCS 5/3-135 from Ch. 108 1/2, par. 3-135
40 ILCS 5/3-135.1 new
40 ILCS 5/3-135.2 new
40 ILCS 5/4-118 from Ch. 108 1/2, par. 4-118
40 ILCS 5/4-120 from Ch. 108 1/2, par. 4-120
40 ILCS 5/4-123 from Ch. 108 1/2, par. 4-123
40 ILCS 5/4-128 from Ch. 108 1/2, par. 4-128
40 ILCS 5/4-128.1 new
40 ILCS 5/4-128.2 new
40 ILCS 5/Art. 22B heading new
40 ILCS 5/22B-101 new
40 ILCS 5/22B-102 new
40 ILCS 5/22B-103 new
40 ILCS 5/22B-105 new
40 ILCS 5/22B-106 new
40 ILCS 5/22B-107 new
40 ILCS 5/22B-108 new
40 ILCS 5/22B-108.1 new
40 ILCS 5/22B-109 new
40 ILCS 5/22B-110 new
40 ILCS 5/22B-111 new
40 ILCS 5/22B-112 new
40 ILCS 5/22B-113 new
40 ILCS 5/22B-113.1 new
40 ILCS 5/22B-113.2 new
40 ILCS 5/22B-113.3 new
40 ILCS 5/22B-114 new
40 ILCS 5/22B-115 new
40 ILCS 5/22B-115.5 new
40 ILCS 5/Art. 22C heading new
40 ILCS 5/22C-101 new
40 ILCS 5/22C-102 new
40 ILCS 5/22C-103 new
40 ILCS 5/22C-105 new
40 ILCS 5/22C-106 new
40 ILCS 5/22C-107 new
40 ILCS 5/22C-108 new
40 ILCS 5/22C-108.1 new
40 ILCS 5/22C-109 new
40 ILCS 5/22C-110 new
40 ILCS 5/22C-111 new
40 ILCS 5/22C-112 new
40 ILCS 5/22C-113 new
40 ILCS 5/22C-113.1 new
40 ILCS 5/22C-113.2 new
40 ILCS 5/22C-113.3 new
40 ILCS 5/22C-114 new
40 ILCS 5/22C-115 new
40 ILCS 5/22C-115.5 new
30 ILCS 805/8.42 new

Synopsis As Introduced
Amends the Illinois Pension Code. Creates the Downstate Police Pension Investment Board and the Downstate Firefighter Pension Investment Board. Moves the investment authority of downstate police and firefighter pension funds to those Investment Boards. Includes provisions relating to the transfer and investment of the affected assets, auditing and reporting requirements, and the operation and administration of the Investment Boards. Reduces the amount of training required for trustees of those pension funds. Changes all downstate police and firefighter pension funds to a fiscal year beginning May 1. Doubles the annual compliance fee paid by the funds to the Department of Insurance. Requires the Department of Insurance to impose penalties of up to $2,000 per day for noncompliance with certain provisions relating to the transfer of investment assets. Makes conforming and other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions
Date Chamber Action
  2/14/2018 House Filed with the Clerk by Rep. Ryan Spain
  2/14/2018 House First Reading
  2/14/2018 House Referred to Rules Committee
  3/5/2018 House Assigned to Personnel & Pensions Committee
  4/13/2018 House Rule 19(a) / Re-referred to Rules Committee
  4/25/2018 House Added Chief Co-Sponsor Rep. Thomas Morrison
  4/25/2018 House Added Chief Co-Sponsor Rep. Steven Reick
  1/8/2019 House Session Sine Die

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Date	Chamber	Action
2/14/2018	House	Filed with the Clerk by Rep. Ryan Spain
2/14/2018	House	First Reading
2/14/2018	House	Referred to Rules Committee
3/5/2018	House	Assigned to Personnel & Pensions Committee
4/13/2018	House	Rule 19(a) / Re-referred to Rules Committee
4/25/2018	House	Added Chief Co-Sponsor Rep. Thomas Morrison
4/25/2018	House	Added Chief Co-Sponsor Rep. Steven Reick
1/8/2019	House	Session Sine Die