HB1627ham002 95TH GENERAL ASSEMBLY

Rep. Frank J. Mautino

Filed: 4/25/2007

09500HB1627ham002 LRB095 04729 AMC 34211 a

AMENDMENT TO HOUSE BILL 1627

AMENDMENT NO. ______. Amend House Bill 1627 by replacing everything after the enacting clause with the following:

"Section 5. The Illinois Pension Code is amended by changing Section 16-170 and by adding Section 16-181.4 as follows:

(40 ILCS 5/16-170) (from Ch. 108 1/2, par. 16-170)

Sec. 16-170. Board powers and duties. The board shall have the powers and duties stated in Sections 16-171 through 16-181.4 16-181.2, in addition to the other powers and duties granted it in this Article.

(Source: P.A. 83-1440.)

(40 ILCS 5/16-181.4 new)

Sec. 16-181.4. To provide informational material. The board may, on an annual basis, provide annuitants under this Article the option of electing and consenting to receive informational material from any nonprofit association. To qualify as a nonprofit association under this Section, at least 50% of nonprofit association's members must be annuitants of the System. The board may adopt rules to implement this Section.

Section 99. Effective date. This Act takes effect upon becoming law.".