Illinois General Assembly - Bill Status for HB2975

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Bill Status of HB2975 102nd General Assembly

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Short Description: PEN CD-G.A. & JUDGES-ADMIN FEE

House Sponsors
Rep. Thomas Morrison

Last Action

Date	Chamber	Action
1/10/2023	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/2-126.6 new

40 ILCS 5/18-133.5 new

Synopsis As Introduced
Amends the General Assembly and Judges Articles of the Illinois Pension Code. Provides that an administrative fee equal to 4.95% of the amount of the annuity payment shall be applied to every annuity payment made on or after the effective date of the amendatory Act. Provides that the amendatory Act applies without regard to whether the person receiving the annuity was in service on or after the effective date of the amendatory Act. Effective immediately.

Actions

Date	Chamber	Action
2/18/2021	House	Filed with the Clerk by Rep. Thomas Morrison
2/19/2021	House	First Reading
2/19/2021	House	Referred to Rules Committee
3/9/2021	House	Assigned to Personnel & Pensions Committee
3/27/2021	House	Rule 19(a) / Re-referred to Rules Committee
1/10/2023	House	Session Sine Die

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