Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

20 ILCS 3005/7

from Ch. 127, par. 417

20 ILCS 3005/8

from Ch. 127, par. 418

30 ILCS 105/13

from Ch. 127, par. 149

30 ILCS 105/24.12 new

30 ILCS 105/24.13 new

30 ILCS 122/20

35 ILCS 200/18-191 new

40 ILCS 5/1-103.3

40 ILCS 5/1-160

40 ILCS 5/1-161 new

40 ILCS 5/2-105.1 new

40 ILCS 5/2-105.2 new

40 ILCS 5/2-108

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

40 ILCS 5/2-119

from Ch. 108 1/2, par. 2-119

40 ILCS 5/2-119.1

from Ch. 108 1/2, par. 2-119.1

40 ILCS 5/2-121.1

from Ch. 108 1/2, par. 2-121.1

40 ILCS 5/2-124

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

40 ILCS 5/2-125

from Ch. 108 1/2, par. 2-125

40 ILCS 5/2-126

from Ch. 108 1/2, par. 2-126

40 ILCS 5/2-134

from Ch. 108 1/2, par. 2-134

40 ILCS 5/2-162

40 ILCS 5/14-103.10

from Ch. 108 1/2, par. 14-103.10

40 ILCS 5/14-103.40 new

40 ILCS 5/14-103.41 new

40 ILCS 5/14-107

from Ch. 108 1/2, par. 14-107

40 ILCS 5/14-108

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

40 ILCS 5/14-110

from Ch. 108 1/2, par. 14-110

40 ILCS 5/14-114

from Ch. 108 1/2, par. 14-114

40 ILCS 5/14-131

40 ILCS 5/14-132

from Ch. 108 1/2, par. 14-132

40 ILCS 5/14-133

from Ch. 108 1/2, par. 14-133

40 ILCS 5/14-135.08

from Ch. 108 1/2, par. 14-135.08

40 ILCS 5/14-152.1

40 ILCS 5/15-107.1 new

40 ILCS 5/15-107.2 new

40 ILCS 5/15-111

from Ch. 108 1/2, par. 15-111

40 ILCS 5/15-111.1 new

40 ILCS 5/15-113.6

from Ch. 108 1/2, par. 15-113.6

40 ILCS 5/15-113.7

from Ch. 108 1/2, par. 15-113.7

40 ILCS 5/15-135

from Ch. 108 1/2, par. 15-135

40 ILCS 5/15-136

from Ch. 108 1/2, par. 15-136

40 ILCS 5/15-155

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

40 ILCS 5/15-155.1 new

40 ILCS 5/15-156

from Ch. 108 1/2, par. 15-156

40 ILCS 5/15-157

from Ch. 108 1/2, par. 15-157

40 ILCS 5/15-165

from Ch. 108 1/2, par. 15-165

40 ILCS 5/15-198

40 ILCS 5/16-106.4 new

40 ILCS 5/16-106.5 new

40 ILCS 5/16-121

from Ch. 108 1/2, par. 16-121

40 ILCS 5/16-121.1 new

40 ILCS 5/16-132

from Ch. 108 1/2, par. 16-132

40 ILCS 5/16-133

from Ch. 108 1/2, par. 16-133

40 ILCS 5/16-133.1

from Ch. 108 1/2, par. 16-133.1

40 ILCS 5/16-152

from Ch. 108 1/2, par. 16-152

40 ILCS 5/16-158

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

40 ILCS 5/16-158.1

from Ch. 108 1/2, par. 16-158.1

40 ILCS 5/16-158.2 new

40 ILCS 5/16-203

40 ILCS 5/20-121

from Ch. 108 1/2, par. 20-121

40 ILCS 5/20-123

from Ch. 108 1/2, par. 20-123

40 ILCS 5/20-124

from Ch. 108 1/2, par. 20-124

40 ILCS 5/20-125

from Ch. 108 1/2, par. 20-125

105 ILCS 5/17-2.12 new

105 ILCS 5/22-60

110 ILCS 805/3-14.4 new

Synopsis As Introduced
Amends the Property Tax Code to impose a 3-year freeze on tax levies by school districts and community college districts. Amends the School Code and the Public Community College Act to make conforming changes. Amends the Illinois Pension Code. In the General Provisions Article, creates a cash balance plan for new hires of the State Universities and Teachers' Retirement Systems and for certain Tier II participants. In the General Assembly, State Employee, State Universities, and Downstate Teacher Articles, increases the retirement age for certain Tier I members and participants. Changes the conditions of eligibility for, and the amount of, automatic annual increases for Tier I retirees. Increases Tier I employee contributions. Limits pensionable salary for Tier I participants and provides that nothing prohibits an employer from providing additional retirement benefits outside the retirement system for participating employees whose compensation exceeds the new salary limitation. Changes the required State contribution to each of the affected retirement systems. Guarantees certain funding levels. In the State Universities and Downstate Teacher Articles, shifts costs to local employers. Makes other changes. Amends the State Finance Act. To the list of standardized items of appropriation, adds "State retirement contribution for annual normal cost" and "State retirement contribution for unfunded accrued liability". Defines those terms. Amends the Governor's Office of Management and Budget Act. Adds those terms to a list of classifications to be used in the preparation of a State budget. Amends the School Code to strengthen the requirements for reimbursement of State mandates on school districts. Includes an inseverability provision. Effective immediately.

Pension Note (Government Forecasting & Accountability)

HB 2746 is substantively similar to the original Biss-Nekritz proposal of the 97th GA. The fiscal impact of that bill is as follows: A recent cost study by SERS’ actuary projects the State to save $326 million in contributions in FY 2014 and over $27 billion in contributions through FY 2045 by adopting the benefit changes in HB 2746. SURS’ actuary projects the State will save $333 million in contributions for FY 2014 and approximately $18.9 billion in contributions through FY 2045 by adopting the benefit changes in this bill. TRS’ actuary projects that the State will be able to reduce contributions in FY 2014 by $1.22 billion by adopting this bill. Additionally, the State is projected to save $114.17 billion in contributions to TRS through FY 2043. TRS’s actuary did not provide data for FY 2044 and 2045.

Actions 

Date	Chamber	Action
2/21/2013	House	Filed with the Clerk by Rep. Ron Sandack
2/21/2013	House	First Reading
2/21/2013	House	Referred to Rules Committee
3/4/2013	House	Assigned to Personnel and Pensions Committee
3/13/2013	House	Pension Note Filed
3/22/2013	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

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