90th General Assembly
Status of SB0037
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DONAHUE.

   5 ILCS 365/2              from Ch. 127, par. 352                            
   5 ILCS 365/4              from Ch. 127, par. 354                            
   5 ILCS 365/8              from Ch. 127, par. 358                            
   35 ILCS 5/804             from Ch. 120, par. 8-804                          
   40 ILCS 5/15-185          from Ch. 108 1/2, par. 15-185                     

        Amends the State Salary  and  Annuity  Withholding  Act  and  the      
   Illinois   Pension   Code  to  authorize  voluntary  withholding  from      
   retirement  and  disability   annuities   payable   from   the   State      
   Universities  Retirement  System.   Authorizes  withholding  under the      
   State Salary and Annuity Withholding Act for the purpose of paying  to      
   the  Department  of  Revenue  amounts  due  or to become due under the      
   Illinois Income Tax Act.  Provides that the amounts withheld shall  be      
   paid  without  delay  to  the  Department  of  Revenue or a depositary      
   designated by  the  Department.   Also  makes  technical  corrections.      
   Amends  the  Illinois Income Tax Act to provide that an individual may      
   elect to have the amounts withheld under the State Salary and  Annuity      
   Withholding  Act for payment of amounts due or to become due under the      
   Illinois  Income  Tax  Act  treated  as  payments  of  estimated  tax.      
   Effective immediately.                                                      
          PENSION IMPACT NOTE                                                  
          It is estimated that SB 37 would have no impact on the liabili-      
          ties of the State Universities Retirement System and would           
          cause a slight increase in administration expenses.                  
   97-01-22  S  FIRST READING                                                  
   97-01-22  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-01-22  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   97-02-26  S       TO SUBCOMMITTEE                                           
   97-03-05  S                        PENSION NOTE FILED                       
   97-03-05  S                   COMMITTEE               INS & PENS.           
   97-03-15  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary