101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HOUSE JOINT RESOLUTION CONSTITUTIONAL AMENDMENT
HC0031

 

Introduced , by Rep. Allen Skillicorn

 

SYNOPSIS AS INTRODUCED:
 
ILCON Art. VIII, Sec. 5 new

    Proposes to amend the Finance Article of the Illinois Constitution. Provides that public funds shall not be expended for the purpose of a subsidy or bailout of a pension fund or retirement system for members of the General Assembly or constitutional officers. Effective upon being declared adopted.


LRB101 11853 RPS 58800 e

 

HC0031LRB101 11853 RPS 58800 e

1
HOUSE JOINT RESOLUTION
2
CONSTITUTIONAL AMENDMENT

 
3    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE
4HUNDRED FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, THE
5SENATE CONCURRING HEREIN, that there shall be submitted to the
6electors of the State for adoption or rejection at the general
7election next occurring at least 6 months after the adoption of
8this resolution a proposition to amend the Illinois
9Constitution in Article VIII by adding Section 5 as follows:
 
10
ARTICLE VIII
11
FINANCE

12    (ILCON Art. VIII, Sec. 5 new)
13SECTION 5. PROHIBITED EXPENDITURES; PENSION SUBSIDIES
14    Public funds shall not be expended for the purpose of a
15subsidy or bailout of a pension fund or retirement system for
16members of the General Assembly or officers under Section 1 of
17Article V.
 
18
SCHEDULE
19    This Constitutional Amendment takes effect upon being
20declared adopted in accordance with Section 7 of the Illinois
21Constitutional Amendment Act.