Bill Status of SB 2090   95th General Assembly

Short Description:  PEN CD-ART 3 & 4-VARIOUS

Senate Sponsors
Sen. Susan Garrett-Pamela J. Althoff, William R. Haine, Dan Cronin-Jeffrey M. Schoenberg, Chris Lauzen-Dale A. Righter, Kimberly A. Lightford, Ira I. Silverstein and Michael Noland

House Sponsors
(Rep. Mark H. Beaubien, Jr.)


Last Action  View All Actions

DateChamber Action
  1/13/2009SenateSession Sine Die

Statutes Amended In Order of Appearance
25 ILCS 55/3from Ch. 63, par. 42.43
40 ILCS 5/1-110from Ch. 108 1/2, par. 1-110
40 ILCS 5/1-113.5
40 ILCS 5/1-125 new
40 ILCS 5/1A-104
40 ILCS 5/1A-112
40 ILCS 5/3-115from Ch. 108 1/2, par. 3-115
40 ILCS 5/3-136from Ch. 108 1/2, par. 3-136
40 ILCS 5/3-141.1 new
40 ILCS 5/3-143.1 new
40 ILCS 5/4-112from Ch. 108 1/2, par. 4-112
40 ILCS 5/4-123.1from Ch. 108 1/2, par. 4-123.1
40 ILCS 5/4-130.1 new
40 ILCS 5/4-134.1 new
40 ILCS 5/22-1004 new
30 ILCS 805/8.32 new

Synopsis As Introduced
Amends the Pension Impact Note Act. Requires that a pension impact note for legislation affecting downstate police and downstate firefighter pension funds must demonstrate the fiscal impact of the legislation on at least 25 municipalities with the pension funds. Amends the Illinois Pension Code. Makes changes concerning prohibited transactions by fiduciaries of a pension fund established under the Downstate Police or Downstate Firefighter Article (Article 3 or 4), examinations of pension funds, and witnesses and adds provisions concerning consulting services, prohibitions on gifts for members of a board of trustees of a pension fund established under Article 3 or 4, fraudulent claims for disability pensions by police officers and firefighters, award of benefits, publication of a notice regarding the fiscal status of a pension fund established under Article 3 or 4, and a report by the Commission on Government Forecasting and Accountability on pension funds established under Article 3 or 4. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Senate Committee Amendment No. 1
Deletes reference to:
25 ILCS 55/3from Ch. 63, par. 42.43
40 ILCS 5/1-113.5
40 ILCS 5/1-125 new
40 ILCS 5/1A-104
40 ILCS 5/1A-112
40 ILCS 5/3-115from Ch. 108 1/2, par. 3-115
40 ILCS 5/3-136from Ch. 108 1/2, par. 3-136
40 ILCS 5/3-141.1 new
40 ILCS 5/3-143.1 new
40 ILCS 5/4-112from Ch. 108 1/2, par. 4-112
40 ILCS 5/4-123.1from Ch. 108 1/2, par. 4-123.1
40 ILCS 5/4-130.1 new
40 ILCS 5/4-134.1 new
40 ILCS 5/22-1004 new
30 ILCS 805/8.32 new

Replaces everything after the enacting clause. Amends the Illinois Pension Code. Makes a technical change in a Section concerning prohibited transactions.

Senate Floor Amendment No. 2
Adds reference to:
20 ILCS 2105/2105-300was 20 ILCS 2105/61e
25 ILCS 55/3from Ch. 63, par. 42.43
30 ILCS 105/8f
40 ILCS 5/1-113.5
40 ILCS 5/1-125 new
40 ILCS 5/1A-104
40 ILCS 5/3-141.1 new
40 ILCS 5/3-143from Ch. 108 1/2, par. 3-143
40 ILCS 5/3-144.5 new
40 ILCS 5/4-134from Ch. 108 1/2, par. 4-134
40 ILCS 5/4-138.5 new
40 ILCS 5/22-1004 new
30 ILCS 805/8.32 new

Replaces everything after the enacting clause. Amends the Department of Regulation Law of the Civil Administrative Code of Illinois and the State Finance Act to prohibit transfers to the Professions Indirect Cost Fund from the Public Pension Regulation Fund. Amends the Pension Impact Note Act to provide that the pension impact note for any legislation or amendment that the Commission on Government Forecasting and Accountability determines would result in an increase in benefits or increased costs to a downstate police or fire pension fund may demonstrate the fiscal impact of the legislation on selected individual municipalities with such pension funds. Amends the Illinois Pension Code. Makes changes in provisions concerning fiduciaries of and investments by downstate police and fire pension funds. Prohibits a trustee of a downstate police or fire pension board from intentionally soliciting or accepting any gift from a prohibited source. Makes changes in provisions concerning annual reports submitted by downstate police and fire pension funds to the municipality. In the Downstate Police Article, adds provisions concerning the award of benefits and makes changes concerning examinations and investigations. In the Downstate Firefighter Article, adds provisions concerning fraud. Requires the Commission on Government Forecasting and Accountability to analyze data submitted by the Public Pension Division pertaining to downstate police and fire pension funds in each odd numbered year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/14/2008SenateFiled with Secretary by Sen. Susan Garrett
  2/14/2008SenateFirst Reading
  2/14/2008SenateReferred to Rules
  2/20/2008SenateAdded as Chief Co-Sponsor Sen. Pamela J. Althoff
  2/21/2008SenateAdded as Co-Sponsor Sen. William R. Haine
  3/5/2008SenateAssigned to Pensions and Investments
  3/11/2008SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Susan Garrett
  3/11/2008SenateSenate Committee Amendment No. 1 Referred to Rules
  3/11/2008SenateSenate Committee Amendment No. 1 Rules Refers to Pensions and Investments
  3/11/2008SenateSenate Committee Amendment No. 1 Adopted
  3/12/2008SenateDo Pass as Amended Pensions and Investments; 009-000-000
  3/12/2008SenatePlaced on Calendar Order of 2nd Reading March 13, 2008
  3/12/2008SenateAdded as Co-Sponsor Sen. Dan Cronin
  3/31/2008SenateAdded as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg
  4/1/2008SenateSecond Reading
  4/1/2008SenatePlaced on Calendar Order of 3rd Reading April 2, 2008
  4/1/2008SenateAdded as Co-Sponsor Sen. Chris Lauzen
  5/8/2008SenateAdded as Chief Co-Sponsor Sen. Dale A. Righter
  5/13/2008SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  5/20/2008SenateAdded as Co-Sponsor Sen. Ira I. Silverstein
  5/21/2008SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Susan Garrett
  5/21/2008SenateSenate Floor Amendment No. 2 Referred to Rules
  5/22/2008SenateAdded as Co-Sponsor Sen. Michael Noland
  5/22/2008SenateRule 2-10 Third Reading Deadline Established As May 31, 2008
  5/22/2008SenateSenate Floor Amendment No. 2 Rules Refers to Pensions and Investments
  5/23/2008SenateSenate Floor Amendment No. 2 Recommend Do Adopt Pensions and Investments; 006-000-000
  5/29/2008SenateRecalled to Second Reading
  5/29/2008SenateSenate Floor Amendment No. 2 Adopted; Garrett
  5/29/2008SenatePlaced on Calendar Order of 3rd Reading
  5/29/2008SenateThird Reading - Passed; 056-000-000
  5/29/2008HouseArrived in House
  5/29/2008HousePlaced on Calendar Order of First Reading
  5/29/2008HouseChief House Sponsor Rep. Mark H. Beaubien, Jr.
  5/29/2008HouseFirst Reading
  5/29/2008HouseReferred to Rules Committee
  1/13/2009SenateSession Sine Die

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