Date	Chamber	Action
4/11/2011	House	Third Reading - Standard Debate - Lost 038-073-000

Statutes Amended In Order of Appearance

40 ILCS 5/17-127

from Ch. 108 1/2, par. 17-127

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that, beginning in State fiscal year 2012, the General Assembly must make annual contributions to the Fund of an amount equal to 20% of the amount of the annual State contribution to the Teachers' Retirement System of the State of Illinois. Effective July 1, 2011.

	Pension Note (Government Forecasting & Accountability)
	The Teachers’ Retirement System has certified a FY 2012 contribution of $2.4 billion. If HB 1544 becomes law, the State would be obligated to make an additional contribution of $481.3 million in FY 2012 to the Chicago Teachers’ Pension Fund.

	Fiscal Note (Illinois Department of Insurance)
	HB 1544 has no projected fiscal impact to the Illinois Department of Insurance.

Actions 

Date	Chamber	Action
2/15/2011	House	Filed with the Clerk by Rep. Monique D. Davis
2/15/2011	House	First Reading
2/15/2011	House	Referred to Rules Committee
2/22/2011	House	Assigned to Personnel and Pensions Committee
3/10/2011	House	Added Chief Co-Sponsor Rep. Kevin A. McCarthy
3/10/2011	House	Added Chief Co-Sponsor Rep. Daniel J. Burke
3/17/2011	House	Do Pass / Standard Debate Personnel and Pensions Committee; 005-004-000
3/17/2011	House	Placed on Calendar 2nd Reading - Standard Debate
3/29/2011	House	Fiscal Note Requested by Rep. Roger L. Eddy
3/29/2011	House	Pension Note Requested by Rep. Roger L. Eddy
3/29/2011	House	Pension Note Filed
3/30/2011	House	Fiscal Note Filed
4/6/2011	House	Second Reading - Standard Debate
4/6/2011	House	Placed on Calendar Order of 3rd Reading - Standard Debate
4/11/2011	House	Third Reading - Standard Debate - Lost 038-073-000

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