Date	Chamber	Action
2/10/2023	House	Public Act . . . . . . . . . 102-1131

Statutes Amended In Order of Appearance

40 ILCS 5/17-101

from Ch. 108 1/2, par. 17-101

Synopsis As Introduced
Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago teachers.

House Committee Amendment No. 1

	Deletes reference to:
	40 ILCS 5/17-101

	Adds reference to:
	40 ILCS 5/10-107	from Ch. 108 1/2, par. 10-107

30 ILCS 805/8.46 new

Replaces everything after the enacting clause. Amends the Cook County Forest Preserve Article of the Illinois Pension Code. Provides that beginning in levy year 2023, and in each year thereafter, the Forest Preserve District shall levy a tax annually at a rate on the dollar of the value of all taxable property within the county that will produce, when extended, an amount equal to no less than the amount of the Forest Preserve District's total required contribution to the Fund for the next payment year. Specifies the annual contribution for payment years 2023 through 2025. Provides that the retirement board shall retain an actuary who is a member in good standing of the American Academy of Actuaries to produce an annual actuarial report of the Fund, which shall include specified information. Provides that the minimum required employer contribution for a specified year as set forth in the annual actuarial report shall be the amount determined by the Fund's actuary to be equal to the sum of: (i) the projected normal cost for pensions for that fiscal year, plus (ii) a projected unfunded actuarial accrued liability amortization payment for pensions for the fiscal year, plus (iii) projected expenses for that fiscal year, plus (iv) interest to adjust for payment pattern during the fiscal year, minus (v) projected employee contributions for that fiscal year. Contains provisions concerning additional contributions; methods of calculating the required contribution; contributions for payment years after 2063; and property taxes. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

Senate Committee Amendment No. 1
Replaces everything after the enacting clause. Reinserts the provisions of the engrossed bill with the following changes. Removes provisions concerning an additional contribution to the Fund and specifying the annual employer contribution amount for payment years 2023 through 2025. Provides the Forest Preserve District's contribution formula for payment years 2024 through 2054 (rather than payment years 2026 through 2063). Makes a conforming change. Provides that certain methods may be amended as recommended by an independent actuary engaged by the Fund and in compliance with actuarial standards of practice and as adopted by an affirmative vote of a simple majority (rather than an affirmative vote of a majority) of the Board and the Forest Preserve District Board of Commissioners. Effective June 1, 2023 (rather than immediately).

Actions 

Date	Chamber	Action
2/16/2021	House	Filed with the Clerk by Rep. Kelly M. Burke
2/17/2021	House	First Reading
2/17/2021	House	Referred to Rules Committee
3/9/2021	House	Assigned to Executive Committee
3/27/2021	House	Rule 19(a) / Re-referred to Rules Committee
1/25/2022	House	Assigned to Executive Committee
2/3/2022	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Kelly M. Burke
2/3/2022	House	House Committee Amendment No. 1 Referred to Rules Committee
2/8/2022	House	Re-assigned to Personnel & Pensions Committee
2/8/2022	House	House Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
2/17/2022	House	House Committee Amendment No. 1 Adopted in Personnel & Pensions Committee; by Voice Vote
2/17/2022	House	Do Pass as Amended / Consent Calendar Personnel & Pensions Committee; 008-000-000
2/18/2022	House	Placed on Calendar 2nd Reading - Consent Calendar
3/1/2022	House	Added Co-Sponsor Rep. Michael Kelly
3/1/2022	House	Second Reading - Consent Calendar
3/1/2022	House	Held on Calendar Order of Second Reading - Consent Calendar
3/2/2022	House	Placed on Calendar Order of 3rd Reading - Consent Calendar
3/3/2022	House	Third Reading - Consent Calendar - First Day
3/4/2022	House	Third Reading - Consent Calendar - Passed 082-022-000
3/7/2022	Senate	Arrive in Senate
3/7/2022	Senate	Placed on Calendar Order of First Reading
3/7/2022	Senate	Chief Senate Sponsor Sen. Robert F. Martwick
3/7/2022	Senate	First Reading
3/7/2022	Senate	Referred to Assignments
3/10/2022	Senate	Added as Alternate Co-Sponsor Sen. Cristina Castro
11/22/2022	Senate	Assigned to Revenue
11/28/2022	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
11/28/2022	Senate	Senate Committee Amendment No. 1 Referred to Assignments
11/29/2022	Senate	Senate Committee Amendment No. 1 Assignments Refers to Revenue
11/29/2022	Senate	Senate Committee Amendment No. 1 Adopted
11/29/2022	Senate	Do Pass as Amended Revenue; 010-000-000
11/29/2022	Senate	Placed on Calendar Order of 2nd Reading November 30, 2022
11/30/2022	Senate	Second Reading
11/30/2022	Senate	Placed on Calendar Order of 3rd Reading December 1, 2022
12/1/2022	Senate	Third Reading - Passed; 055-000-000
12/1/2022	House	Arrived in House
12/1/2022	House	Placed on Calendar Order of Concurrence Senate Amendment(s) 1
12/1/2022	House	Senate Committee Amendment No. 1 Motion Filed Concur Rep. Kelly M. Burke
12/1/2022	House	Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee
12/1/2022	House	Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Rules Committee; 003-001-000
12/30/2022	House	Final Action Deadline Extended-9(b) January 10, 2023
1/5/2023	House	Senate Committee Amendment No. 1 House Concurs 085-020-000
1/5/2023	House	Passed Both Houses
2/3/2023	House	Sent to the Governor
2/10/2023	House	Governor Approved
2/10/2023	House	Effective Date June 1, 2023
2/10/2023	House	Public Act . . . . . . . . . 102-1131

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