Illinois General Assembly - Bill Status for HB1454
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 Bill Status of HB1454  99th General Assembly


Short Description:  PENCD-CHGO TEACHER-TAX LEVY

House Sponsors
Rep. Marcus C. Evans, Jr.

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-128.1 new


Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that the Chicago Board of Education shall levy a property tax annually at a rate that will produce an amount equal to the amount of member contributions to the Chicago Teachers' Pension Fund during the fiscal year 2 years prior to the year for which the tax is levied, subject to a maximum rate of .26%. Provides that the Board of Education shall use the proceeds of the tax for the purpose of making employer contributions to the Fund. Effective immediately.

Actions 
DateChamber Action
  2/5/2015HouseFiled with the Clerk by Rep. Marcus C. Evans, Jr.
  2/6/2015HouseFirst Reading
  2/6/2015HouseReferred to Rules Committee
  2/24/2015HouseAssigned to Revenue & Finance Committee
  2/26/2015HouseTo Property Tax Subcommittee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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