Bill Status of SB 1302   99th General Assembly

Short Description:  PENS CD-CHI TEACHERS-REVENUE

Senate Sponsors
Sen. Emil Jones, III

Last Action  View All Actions

DateChamber Action
  1/10/2017SenateSession 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 2016, the State shall make annual contributions to the Chicago Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2016, the contribution shall be $374,270,000 and that for each year thereafter, the Board of Trustees of the Fund shall certify to the Governor by January 15th the amount of the required State contribution to the Fund for the coming fiscal year. Requires the certified contribution to be equal to 10% of the contribution certified by the board of trustees of the downstate teachers retirement system for the coming fiscal year. Effective immediately.

Actions 
DateChamber Action
  2/18/2015SenateFiled with Secretary by Sen. Emil Jones, III
  2/18/2015SenateFirst Reading
  2/18/2015SenateReferred to Assignments
  2/25/2015SenateAssigned to Executive
  3/5/2015SenateTo Subcommittee on Governmental Operations
  3/27/2015SenateRule 2-10 Committee Deadline Established As April 24, 2015
  4/24/2015SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
  5/15/2015SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
  10/10/2015SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments
  1/10/2017SenateSession Sine Die

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