Illinois General Assembly - Bill Status for HB4324

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Bill Status of HB4324 94th General Assembly

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Short Description: BUDGET STABILIZATION-PENSIONS

House Sponsors
Rep. Jim Watson

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

30 ILCS 122/10

30 ILCS 122/15

Synopsis As Introduced
Amends the Budget Stabilization Act. Further limits the General Assembly's appropriations, transfers, and diversions from general funds in fiscal years in which estimated revenues exceed the prior fiscal year's general funds revenues and requires the transfer of the remaining revenue to the State-funded retirement systems. Sets forth requirements for the transfers to the retirement systems. Effective immediately.

Actions

Date	Chamber	Action
12/29/2005	House	Filed with the Clerk by Rep. Jim Watson
1/4/2006	House	First Reading
1/4/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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