Bill Status of HB 1494   95th General Assembly


Short Description:  LOTTERY SALE-PENSIONS

House Sponsors
Rep. Kurt M. Granberg

Last Action  View All Actions

DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/5.675 new
30 ILCS 105/6z-69 new

Synopsis As Introduced
Amends the State Finance Act. Provides that all net proceeds from any sale or other disposition of the State Lottery must be deposited into the Commitment to Pension Protection Fund, a special fund created in the State treasury. Provides that all amounts in the Fund must be appropriated as determined by the General Assembly to restore adequate funding of the various State pension and retirement systems. Effective immediately.

House Amendment No. 1
Provides that "if the State lottery is sold or otherwise disposed of", then all of the net proceeds from that sale or disposition must be deposited into the Commitment to Pension Protection Fund.

Actions 
DateChamber Action
  2/21/2007HouseFiled with the Clerk by Rep. Kurt M. Granberg
  2/21/2007HouseFirst Reading
  2/21/2007HouseReferred to Rules Committee
  2/27/2007HouseAssigned to State Government Administration Committee
  3/21/2007HouseHouse Amendment No. 1 Filed with Clerk by State Government Administration Committee
  3/21/2007HouseHouse Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
  3/21/2007HouseMotion Do Pass as Amended - Lost State Government Administration Committee; 004-007-000
  3/21/2007HouseRemains in State Government Administration Committee
  3/23/2007HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2009HouseSession Sine Die

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