Bill Status of HB 373   94th General Assembly

Short Description:  PENCD-ARTS 3 & 7-TRANSFERS

House Sponsors
Rep. Chapin Rose

Senate Sponsors
(Sen. Richard J. Winkel, Jr.)


Last Action  View All Actions

DateChamber Action
  7/29/2005HousePublic Act . . . . . . . . . 94-0356

Statutes Amended In Order of Appearance
40 ILCS 5/3-110from Ch. 108 1/2, par. 3-110
40 ILCS 5/3-110.8 new
40 ILCS 5/7-139from Ch. 108 1/2, par. 7-139
40 ILCS 5/7-139.11 new

Synopsis As Introduced
Amends the Downstate Police and IMRF Articles of the Illinois Pension Code. Authorizes a member of a downstate police fund who has up to 8 years of creditable service under IMRF to transfer his or her service credit under IMRF to that downstate police fund. Authorizes a member of IMRF who has up to 8 years of creditable service in a fund under the Downstate Police Article to transfer his or her service credit under that downstate police fund to IMRF. Provides that if the amount transferred under this amendatory Act is less than the true cost to the receiving pension fund of allowing that creditable service to be established, then the amount of creditable service the person may establish under this amendatory Act shall be reduced by a corresponding amount. Effective immediately.

House Amendment No. 1
Changes an obsolete reference to the Department of Insurance. In provisions amending the IMRF Article, replaces references to the Public Pension Division with references to the board and removes reporting requirements related to calculations made to transfer the credits.

Actions 
DateChamber Action
  1/21/2005HouseFiled with the Clerk by Rep. Chapin Rose
  1/26/2005HouseFirst Reading
  1/26/2005HouseReferred to Rules Committee
  1/26/2005HouseAssigned to Executive Committee
  2/16/2005HouseRe-assigned to Personnel and Pensions Committee
  3/3/2005HouseHouse Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee
  3/3/2005HouseHouse Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote
  3/3/2005HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 005-000-000
  3/3/2005HousePlaced on Calendar 2nd Reading - Short Debate
  3/15/2005HouseSecond Reading - Short Debate
  3/15/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/6/2005HouseThird Reading - Short Debate - Passed 113-000-000
  4/7/2005SenateArrive in Senate
  4/7/2005SenatePlaced on Calendar Order of First Reading April 8, 2005
  4/7/2005SenateChief Senate Sponsor Sen. Richard J. Winkel, Jr.
  4/11/2005SenateFirst Reading
  4/11/2005SenateReferred to Rules
  4/13/2005SenateAssigned to Pensions & Investments
  4/20/2005SenateDo Pass Pensions & Investments; 009-000-000
  4/20/2005SenatePlaced on Calendar Order of 2nd Reading April 21, 2005
  5/4/2005SenateSecond Reading
  5/4/2005SenatePlaced on Calendar Order of 3rd Reading May 5, 2005
  5/11/2005SenateThird Reading - Passed; 058-000-000
  5/11/2005HousePassed Both Houses
  6/9/2005HouseSent to the Governor
  6/9/2005HouseSent to the Governor
  7/29/2005HouseGovernor Approved
  7/29/2005HouseEffective Date July 29, 2005
  7/29/2005HousePublic Act . . . . . . . . . 94-0356

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