Bill Status of HB 3004   102nd General Assembly

Short Description:  PEN CD-BOARD MEMBER EMPLOYMENT

House Sponsors
Rep. Mark Batinick-Thomas Morrison

Senate Sponsors
(Sen. John Connor, Jason A. Barickman and Laura M. Murphy)


Last Action  View All Actions

DateChamber Action
  8/27/2021HousePublic Act . . . . . . . . . 102-0603

Statutes Amended In Order of Appearance
40 ILCS 5/1-109.5 new
40 ILCS 5/1-109.6 new

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that no individual who is a board member of a pension fund, investment board, or retirement system may be employed by a pension fund, investment board, or retirement system established under the Code or by any vendor of a pension fund, investment board, or retirement system established under the Code for a period of 5 years after he or she ceases to be a board member. Provides that no pension fund, investment board, or retirement system may pay membership dues to a membership organization or association that has any pecuniary interest with any entity that provides services to a pension fund, investment board, or retirement system unless: (1) the membership organization or association provides to the retirement system, pension fund, or investment board a list of those pecuniary interests, the total annual value of those pecuniary interests or payments, and the services that those pecuniary interests or payments relate to; and (2) the pension fund, investment board, or retirement system posts those reports in a location that is readily available to its members.

House Floor Amendment No. 1
Deletes reference to:
40 ILCS 5/1-109.6 new

Provides that no individual who is a board member of a pension fund, investment board, or retirement system may be employed by that pension fund, investment board, or retirement system (instead of by a pension fund, investment board, or retirement system established under the Code) or by any vendor of that pension fund, investment board, or retirement system (instead of a pension fund, investment board, or retirement system established under the Code) for a period of 12 months (rather than 5 years) after he or she ceases to be a board member. Removes language providing that no pension fund, investment board, or retirement system may pay membership dues to a membership organization or association that has any pecuniary interest with any entity that provides services to a pension fund, investment board, or retirement system unless certain information is provided.

Senate Floor Amendment No. 2
Replaces everything after the enacting clause. Amends the General Provisions Article of the Illinois Pension Code. Provides that no individual who is a board member of a pension fund, investment board, or retirement system may be employed by that pension fund, investment board, or retirement system at any time during his or her service and for a period of 12 months after he or she ceases to be a board member. Provides an exception if a senior administrative staff position becomes vacant and no executive member of the staff is willing to accept the position. In that situation, provides that an individual serving as a board member may temporarily serve as an interim member of the senior administrative staff of the fund if certain conditions are met.

Actions 
DateChamber Action
  2/18/2021HouseFiled with the Clerk by Rep. Mark Batinick
  2/19/2021HouseFirst Reading
  2/19/2021HouseReferred to Rules Committee
  3/16/2021HouseAssigned to Personnel & Pensions Committee
  3/26/2021HouseDo Pass / Short Debate Personnel & Pensions Committee; 008-000-000
  4/8/2021HousePlaced on Calendar 2nd Reading - Short Debate
  4/13/2021HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Mark Batinick
  4/13/2021HouseHouse Floor Amendment No. 1 Referred to Rules Committee
  4/20/2021HouseHouse Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee
  4/21/2021HouseSecond Reading - Short Debate
  4/21/2021HouseHeld on Calendar Order of Second Reading - Short Debate
  4/21/2021HouseHouse Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 008-000-000
  4/22/2021HouseHouse Floor Amendment No. 1 Adopted
  4/22/2021HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/22/2021HouseThird Reading - Short Debate - Passed 114-000-000
  4/23/2021SenateArrive in Senate
  4/23/2021SenatePlaced on Calendar Order of First Reading April 27, 2021
  4/27/2021SenateChief Senate Sponsor Sen. John Connor
  4/27/2021SenateFirst Reading
  4/27/2021SenateReferred to Assignments
  4/28/2021SenateAdded as Alternate Co-Sponsor Sen. Jason A. Barickman
  5/4/2021SenateAssigned to Pensions
  5/12/2021SenatePostponed - Pensions
  5/19/2021SenateDo Pass Pensions; 006-000-000
  5/19/2021SenatePlaced on Calendar Order of 2nd Reading May 20, 2021
  5/20/2021SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. John Connor
  5/20/2021SenateSenate Floor Amendment No. 1 Referred to Assignments
  5/21/2021SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. John Connor
  5/21/2021SenateSenate Floor Amendment No. 2 Referred to Assignments
  5/25/2021SenateSecond Reading
  5/25/2021SenatePlaced on Calendar Order of 3rd Reading May 26, 2021
  5/25/2021SenateSenate Floor Amendment No. 2 Assignments Refers to Pensions
  5/25/2021SenateSenate Floor Amendment No. 1 Pursuant to Senate Rule 3-8 (b-1) this amendment will remain in the Committee on Assignments.
  5/26/2021SenateSenate Floor Amendment No. 2 Recommend Do Adopt Pensions; 008-000-000
  5/26/2021SenateRecalled to Second Reading
  5/26/2021SenateSenate Floor Amendment No. 2 Adopted; Connor
  5/26/2021SenatePlaced on Calendar Order of 3rd Reading
  5/27/2021SenateAdded as Alternate Co-Sponsor Sen. Laura M. Murphy
  5/27/2021SenatePlaced on Calendar Order of 3rd Reading ** May 28, 2021
  5/29/2021SenateThird Reading - Passed; 059-000-000
  5/29/2021HouseArrived in House
  5/29/2021HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 2
  5/30/2021HouseSenate Floor Amendment No. 2 Motion Filed Concur Rep. Mark Batinick
  5/30/2021HouseSenate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee
  5/30/2021HouseSenate Floor Amendment No. 2 Motion to Concur Rules Referred to Personnel & Pensions Committee
  5/30/2021HouseAdded Chief Co-Sponsor Rep. Thomas Morrison
  5/30/2021HouseSenate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Personnel & Pensions Committee; 007-000-000
  5/31/2021HouseSenate Floor Amendment No. 2 House Concurs 118-000-000
  5/31/2021HouseHouse Concurs
  5/31/2021HousePassed Both Houses
  6/29/2021HouseSent to the Governor
  8/27/2021HouseGovernor Approved
  8/27/2021HouseEffective Date January 1, 2022
  8/27/2021HousePublic Act . . . . . . . . . 102-0603

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