Bill Status of HB 3013   101st General Assembly

Short Description:  PEN CD-DOWNSTATE POLICE INVEST

House Sponsors
Rep. Robert Martwick and Elizabeth Hernandez

Last Action  View All Actions

DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/18-185
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 5/1-167 new
40 ILCS 5/4-102.1 new
40 ILCS 5/4-102.2 new
40 ILCS 5/4-109from Ch. 108 1/2, par. 4-109
40 ILCS 5/4-109.1from Ch. 108 1/2, par. 4-109.1
40 ILCS 5/4-114from Ch. 108 1/2, par. 4-114
40 ILCS 5/4-118from Ch. 108 1/2, par. 4-118
40 ILCS 5/4-120from Ch. 108 1/2, par. 4-120
40 ILCS 5/4-123from Ch. 108 1/2, par. 4-123
40 ILCS 5/4-128from Ch. 108 1/2, par. 4-128
40 ILCS 5/4-128.1 new
40 ILCS 5/4-128.2 new
40 ILCS 5/4-128.3 new
40 ILCS 5/4-128.4 new
40 ILCS 5/Art. 4A heading new
40 ILCS 5/4A-101 new
40 ILCS 5/4A-105 new
40 ILCS 5/4A-110 new
40 ILCS 5/4A-115 new
40 ILCS 5/4A-120 new
40 ILCS 5/4A-125 new
40 ILCS 5/4A-130 new
40 ILCS 5/4A-135 new
40 ILCS 5/4A-140 new
40 ILCS 5/4A-145 new
40 ILCS 5/4A-150 new
40 ILCS 5/4A-155 new
40 ILCS 5/4A-160 new
40 ILCS 5/7-199.5 new
40 ILCS 5/22A-115.7 new
30 ILCS 805/8.43 new

Synopsis As Introduced
Amends the Illinois Pension Code. Creates the Downstate Firefighters Pension Investment Fund as a special district to exercise the authority to manage, invest, and reinvest the reserves, funds, assets, securities, and moneys of certain downstate firefighter pension funds that elect to transfer their investment authority and assets to the Investment Fund. Includes provisions relating to the transfer and investment of assets, auditing and reporting requirements, and the operation and administration of the Investment Fund. Reduces the amount of training required for trustees of downstate police and downstate firefighter pension funds. In the Downstate Firefighter Article, makes changes to Tier 2 survivors benefits, the calculation of final average salary for Tier 2 firefighters, the annual salary limitation for pension purposes applicable to Tier 2 firefighters, and the automatic annual increase to a Tier 2 firefighter's monthly pension. Makes changes to the formula for determining the required municipal contribution. Makes other changes. Amends the Property Tax Extension Limitation Law (PTELL) of the Property Tax Code to exclude from the definition of "aggregate extension" special purpose extensions made for contributions to a downstate firefighter pension fund that has elected to transfer its investment authority to the Investment Fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/15/2019HouseFiled with the Clerk by Rep. Robert Martwick
  2/15/2019HouseFirst Reading
  2/15/2019HouseReferred to Rules Committee
  2/26/2019HouseAssigned to Personnel & Pensions Committee
  3/6/2019HouseTo Pension Reform Subcommittee
  3/22/2019HouseAdded Co-Sponsor Rep. Elizabeth Hernandez
  3/29/2019HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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