Bill Status of HB 4689   94th General Assembly

Short Description:  PENCD-CHIC TCHR-PROP TAX

House Sponsors
Rep. Calvin L. Giles

Last Action  View All Actions

DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-128.1 new
30 ILCS 805/8.30 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that the Board of Education shall demand and direct and the city council of the city shall levy a tax of 0.1% annually upon all taxable property in the city. Provides that revenues derived from the tax shall be paid to the city treasurer of the city as collected and held by him or her for the benefit of the Public School Teachers' Pension and Retirement Fund of Chicago. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  1/12/2006HouseFiled with the Clerk by Rep. Calvin L. Giles
  1/12/2006HouseFirst Reading
  1/12/2006HouseReferred to Rules Committee
  1/9/2007HouseSession Sine Die

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