Date	Chamber	Action
1/9/2007	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/2-124

from Ch. 108 1/2, par. 2-124

40 ILCS 5/14-131

from Ch. 108 1/2, par. 14-131

40 ILCS 5/15-155

from Ch. 108 1/2, par. 15-155

40 ILCS 5/16-158

from Ch. 108 1/2, par. 16-158

40 ILCS 5/18-131

from Ch. 108 1/2, par. 18-131

230 ILCS 10/13

from Ch. 120, par. 2413

230 ILCS 10/23.1 new

30 ILCS 105/5.663 new

Synopsis As Introduced
Amends the Illinois Pension Code and the Riverboat Gambling Act. Provides that all of the monies remaining after the local share is distributed that are received by the Board for the issuance of and conduct of gambling under any license issued under the jurisdiction of the Illinois Gaming Board on or after the effective date of this amendatory Act shall be transferred to the Pension Reserve Fund. Provides that the monies in the Pension Reserve Fund shall be paid to the 5 State-funded retirement systems to be used for funding the unfunded liabilities of the retirement systems and that the amount of the annual appropriation to each of the retirement systems shall constitute a portion of the total amount available for appropriation for that fiscal year that is the same as that retirement system's portion of the total actuarial reserve deficiency of the systems. Provides that these appropriations shall be in addition to, not in lieu of, State contributions required under the Illinois Pension Code. Amends the State Finance Act to create the Pension Reserve Fund as a special fund within the State Treasury. Effective immediately.

Actions 

Date	Chamber	Action
1/20/2006	Senate	Filed with Secretary by Sen. Jeffrey M. Schoenberg
1/20/2006	Senate	First Reading
1/20/2006	Senate	Referred to Rules
1/9/2007	Senate	Session Sine Die

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