Bill Status of SB 1926   98th General Assembly


Short Description:  PEN CD-CHI TCHR-STATE FUNDING

Senate Sponsors
Sen. Emil Jones, III-Napoleon Harris, III

Last Action  View All Actions

DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-127from 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 2014, the State shall make annual contributions to the Fund. For State fiscal year 2014, the contribution shall be $343,860,000. For each year thereafter, the Board shall certify to the Governor by December 15th the amount of the required State contribution for the coming fiscal year. The certified contribution shall be equal to 10% of the certified State contribution to the downstate Teachers' Retirement System. Effective immediately.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. Emil Jones, III
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  2/19/2013SenateAdded as Chief Co-Sponsor Sen. Napoleon Harris, III
  3/5/2013SenateAssigned to Executive
  3/6/2013SenateTo Subcommittee on Special Issues (EX)
  3/14/2013SenatePostponed - Subcommittee on Special Issues
  3/22/2013SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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