Bill Status of HB 5865   97th General Assembly

Short Description:  DEFERRED COMP-ROTH ROLLOVERS

House Sponsors
Rep. Jason Barickman-Chapin Rose-Karen May-Dennis M. Reboletti-Jack D. Franks, Keith Farnham, Carol A. Sente and Linda Chapa LaVia

Senate Sponsors
(Sen. Darin M. LaHood)


Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/24-105.1

Synopsis As Introduced
Amends the Deferred Compensation Article of the Illinois Pension Code. Provides that to the extent that federal law or regulations have been changed to allow plans established under Section 457 of the Internal Revenue Code to be amended to allow designated Roth contributions and in-plan rollovers to designated Roth accounts, the Department of Central Management Services and units of local government with such plans shall within a reasonable time amend their plans accordingly.

Senate Committee Amendment No. 1
Adds reference to:
40 ILCS 5/3-103from Ch. 108 1/2, par. 3-103

Amends the Downstate Police Article of the Illinois Pension Code. Excludes from participation under that Article any municipality: (i) that reached a population of 5,000 inhabitants as a result of the 2010 decennial census; (ii) that has not established a fund under this Article prior to the effective date of the amendatory Act; (iii) whose police officers, on that effective date, were participating in the Illinois Municipal Retirement Fund and were not members of a collective bargaining unit, and (iv) that had a population of 4,800 inhabitants prior to the publication of the 2010 decennial census and a population of less than 5,300 inhabitants after the publication of the 2010 decennial census.

Actions 
DateChamber Action
  2/16/2012HouseFiled with the Clerk by Rep. Chapin Rose
  2/16/2012HouseFirst Reading
  2/16/2012HouseReferred to Rules Committee
  2/27/2012HouseAssigned to Personnel and Pensions Committee
  3/8/2012HouseDo Pass / Short Debate Personnel and Pensions Committee; 007-000-000
  3/9/2012HousePlaced on Calendar 2nd Reading - Short Debate
  3/22/2012HouseSecond Reading - Short Debate
  3/22/2012HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/27/2012HouseThird Reading - Short Debate - Passed 114-000-000
  3/27/2012HouseAdded Chief Co-Sponsor Rep. Karen May
  3/27/2012HouseAdded Chief Co-Sponsor Rep. Dennis M. Reboletti
  3/27/2012HouseAdded Chief Co-Sponsor Rep. Jack D. Franks
  3/27/2012HouseAdded Chief Co-Sponsor Rep. Keith Farnham
  3/27/2012HouseAdded Co-Sponsor Rep. Carol A. Sente
  3/27/2012HouseAdded Co-Sponsor Rep. Linda Chapa LaVia
  3/27/2012SenateArrive in Senate
  3/27/2012SenatePlaced on Calendar Order of First Reading March 28, 2012
  4/26/2012SenateChief Senate Sponsor Sen. Dale A. Righter
  5/1/2012SenateFirst Reading
  5/1/2012SenateReferred to Assignments
  5/2/2012SenateAssigned to Pensions and Investments
  5/4/2012SenateRule 2-10 Committee Deadline Established As May 25, 2012
  5/9/2012SenateTo Pensions & Investments Subcommittee on Pension Enhancements
  5/25/2012SenateRule 3-9(a) / Re-referred to Assignments
  5/29/2012SenateWaive Posting Notice
  5/29/2012SenateAlternate Chief Sponsor Changed to Sen. Darin M. LaHood
  5/29/2012SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2012
  5/29/2012SenateRe-assigned to Pensions and Investments
  5/29/2012SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Darin M. LaHood
  5/29/2012SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/29/2012SenateSenate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
  5/30/2012SenateSenate Committee Amendment No. 1 Adopted
  5/30/2012SenateDo Pass as Amended Pensions and Investments; 008-000-000
  5/30/2012SenatePlaced on Calendar Order of 2nd Reading May 30, 2012
  5/30/2012SenateSecond Reading
  5/30/2012SenatePlaced on Calendar Order of 3rd Reading May 31, 2012
  6/1/2012SenateThird Reading - Passed; 054-002-001
  6/4/2012HouseArrived in House
  6/4/2012HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  7/27/2012HouseRule 19(b) / Re-referred to Rules Committee
  11/29/2012HouseChief Sponsor Changed to Rep. Jason Barickman
  11/29/2012HouseRemove Chief Co-Sponsor Rep. Keith Farnham
  11/29/2012HouseAdded Co-Sponsor Rep. Keith Farnham
  11/29/2012HouseAdded Chief Co-Sponsor Rep. Chapin Rose
  1/8/2013HouseSession Sine Die

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