Illinois General Assembly - Bill Status for HB0543
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 Bill Status of HB0543  96th General Assembly

Short Description:  AGRICULTURAL FAIR ACT-FUNDING

House Sponsors
Rep. Barbara Flynn Currie

Senate Sponsors
(Sen. John J. Cullerton - Donne E. Trotter)

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/8g
30 ILCS 120/10from Ch. 85, par. 660


Synopsis As Introduced
Amends the State Finance Act. In fiscal year 2016 and in each fiscal year thereafter, requires the transfer from the General Revenue Fund to the Agricultural Premium Fund and the Fair and Exposition Fund of amounts equal to 100% of the total statutory payments required from those special funds for that fiscal year to county fairs and fair and exposition authorities under the Agricultural Fair Act. In each of the fiscal years 2011 through 2015, requires transfer of an amount equal to a lower, specified percentage of those total statutory payments. Provides that the required transfer amounts are the maximum amounts to be transferred in each fiscal year, notwithstanding any other law to the contrary. Amends the Agricultural Fair Act. With respect to the distribution formula for premiums to county fairs, uses either of the 2 previous fiscal years (now, either fiscal year 1984 or 1985).

House Committee Amendment No. 1
Deletes reference to:
30 ILCS 105/8g
30 ILCS 120/10
Adds reference to:
30 ILCS 120/1from Ch. 85, par. 651

Replaces everything after the enacting clause. Amends the Agricultural Fair Act. Makes a technical change in a Section concerning the short title.

Senate Floor Amendment No. 1
Deletes reference to:
30 ILCS 120/1
Adds reference to:
30 ILCS 105/14.1from Ch. 127, par. 150.1
40 ILCS 15/1.8 new

Replaces everything after the enacting clause. Amends the State Finance Act. Provides that, for fiscal year 2011 only, at the time of each payment of salary to an employee under the personal services line item from a fund other than the General Revenue Fund, payment shall be made for deposit into the State Employees' Retirement System of Illinois from the amount appropriated for State contributions to the State Employees' Retirement System of Illinois of an amount calculated at the rate certified for fiscal year 2011 by the Board of Trustees of the State Employees' Retirement System of Illinois. Amends the State Pension Funds Continuing Appropriation Act. Provides that no appropriation otherwise required from the General Revenue Fund or the Common School Fund under this Act is required to be made until the Governor certifies to the Comptroller that adequate funds are available. Effective immediately.

 Fiscal Note, House Committee Amendment No. 1 (Teachers' Retirement System)
 HB 543 (H-AM 1) has no fiscal impact on the Teachers' Retirement System of the State of Illinois.

 Pension Note, Senate Floor Amendment No. 1 (Government Forecasting & Accountability)
 HB 0543, as amended by Senate Amendment 1, has a cumulative opportunity cost of $58.0 billion for the period ending FY 2045. This calculation reflects the loss of investment revenue over the entire period, assuming no State pension contribution is made in FY 2011. Details of this calculation appear in the table on the next page.

 State Mandates Fiscal Note, House Committee Amendment No. 1 (Dept. of Commerce & Economic Opportunity)
 HB 543 (H-AM 1) does not create a State mandate.

 Fiscal Note, Senate Floor Amendment No. 1 (State Universities Retirement Systems)
 Assuming no fiscal year 2011 contributions, HB 543 (S-AM 1) will impact the State Universities Retirement System's portfolio and result in the sale of $848.1 million in assets.

Actions 
DateChamber Action
  2/4/2009HouseFiled with the Clerk by Rep. Dan Reitz
  2/4/2009HouseFirst Reading
  2/4/2009HouseReferred to Rules Committee
  2/5/2009HouseAdded Chief Co-Sponsor Rep. Robert W. Pritchard
  2/9/2009HouseAssigned to Executive Committee
  2/25/2009HouseHouse Committee Amendment No. 1 Filed with Clerk by Executive Committee
  2/25/2009HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  2/25/2009HouseDo Pass as Amended / Short Debate Executive Committee; 007-004-000
  2/25/2009HousePlaced on Calendar 2nd Reading - Short Debate
  3/3/2009HouseSecond Reading - Short Debate
  3/3/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  3/5/2009HouseAdded Co-Sponsor Rep. Roger L. Eddy
  3/11/2009HouseThird Reading - Short Debate - Passed 060-057-000
  3/11/2009HouseRemoved Co-Sponsor Rep. Roger L. Eddy
  3/12/2009SenateArrive in Senate
  3/12/2009SenatePlaced on Calendar Order of First Reading March 17, 2009
  3/13/2009SenateChief Senate Sponsor Sen. John M. Sullivan
  3/17/2009SenateFirst Reading
  3/17/2009SenateReferred to Assignments
  4/22/2009SenateAssigned to Agriculture and Conservation
  4/29/2009SenatePostponed - Agriculture and Conservation
  5/6/2009SenateHeld in Agriculture and Conservation
  5/8/2009SenateRule 3-9(a) / Re-referred to Assignments
  4/22/2010SenateRe-assigned to Executive
  4/22/2010SenateAlternate Chief Sponsor Changed to Sen. John J. Cullerton
  4/23/2010SenateRule 2-10 Committee Deadline Established As May 7, 2010
  4/28/2010SenateDo Pass Executive; 008-001-004
  4/28/2010SenatePlaced on Calendar Order of 2nd Reading April 29, 2010
  4/30/2010SenateSecond Reading
  4/30/2010SenatePlaced on Calendar Order of 3rd Reading May 3, 2010
  5/7/2010SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
  5/7/2010SenateSenate Floor Amendment No. 1 Referred to Assignments
  5/7/2010SenateSenate Floor Amendment No. 1 Assignments Refers to Executive
  5/7/2010SenateSenate Floor Amendment No. 1 Recommend Do Adopt Executive; 008-004-000
  5/7/2010SenateAdded as Alternate Chief Co-Sponsor Sen. Donne E. Trotter
  5/7/2010SenateRecalled to Second Reading
  5/7/2010SenateSenate Floor Amendment No. 1 Adopted; Cullerton
  5/7/2010SenatePlaced on Calendar Order of 3rd Reading
  5/7/2010SenateThird Reading - Passed; 031-026-000
  5/7/2010HouseHouse Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. William B. Black
  5/7/2010HouseHouse Committee Amendment No. 1 Pension Note Requested as Amended by Rep. William B. Black
  5/7/2010HouseArrived in House
  5/7/2010HousePlaced on Calendar Order of Concurrence Senate Amendment(s) 1
  5/7/2010HouseHouse Committee Amendment No. 1 Fiscal Note Requested as Amended by Rep. Michael W. Tryon
  5/7/2010HouseHouse Committee Amendment No. 1 State Mandates Fiscal Note Requested as Amended by Rep. Michael W. Tryon
  5/13/2010HouseRemove Chief Co-Sponsor Rep. Robert W. Pritchard
  5/17/2010HouseHouse Committee Amendment No. 1 Fiscal Note Filed as Amended
  5/21/2010HouseChief Sponsor Changed to Rep. Barbara Flynn Currie
  5/21/2010HouseSenate Floor Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie
  5/24/2010HouseSenate Floor Amendment No. 1 Motion to Concur Referred to Rules Committee
  5/24/2010HouseSenate Floor Amendment No. 1 Pension Note Filed as Amended
  5/24/2010HouseSenate Floor Amendment No. 1 Motion to Concur Rules Referred to Executive Committee
  5/24/2010HouseSenate Floor Amendment No. 1 Motion to Concur Recommends Be Adopted Executive Committee; 007-004-000
  5/26/2010HouseHouse Committee Amendment No. 1 State Mandates Fiscal Note Filed as Amended
  5/27/2010HouseSenate Floor Amendment No. 1 Fiscal Note Filed as Amended
  6/27/2010HouseRule 19(b) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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