Bill Status of SB 2381   99th General Assembly

Short Description:  PENS CD-CHI TEACHERS-REVENUE

Senate Sponsors
Sen. Emil Jones, III-Mattie Hunter

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 2017, the State shall make annual contributions to the Chicago Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2017, 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
  2/3/2016SenateFiled with Secretary by Sen. Emil Jones, III
  2/3/2016SenateFirst Reading
  2/3/2016SenateReferred to Assignments
  2/17/2016SenateAssigned to Executive
  2/17/2016SenateAdded as Chief Co-Sponsor Sen. Mattie Hunter
  3/2/2016SenateTo Subcommittee on Governmental Operations
  4/8/2016SenateRule 2-10 Committee Deadline Established As April 22, 2016
  4/22/2016SenateRule 2-10 Committee/3rd Reading Deadline Established As May 13, 2016
  5/13/2016SenateRule 3-9(a) / Re-referred to Assignments
  1/10/2017SenateSession Sine Die

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