Illinois General Assembly - Bill Status for HB1545

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Bill Status of HB1545 93rd General Assembly

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Short Description: PEN CD-ST UNIV-MILITARY CREDIT

House Sponsors
Rep. Michael K. Smith

Last Action

Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/15-113.3

from Ch. 108 1/2, par. 15-113.3

Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Changes the method of calculating interest when purchasing service credit for certain periods of military service. Effective immediately.

	Pension Note (Pension Laws Commission)
	The fiscal impact of HB 1545 has not been calculated, as the number of members with eligible military service is unknown. However, there would be a fiscal impact as the interest is calculated for only the last ten years.

Actions

Date	Chamber	Action
2/7/2003	House	Filed with the Clerk by Rep. Michael K. Smith
2/10/2003	House	First Reading
2/10/2003	House	Referred to Rules Committee
2/11/2003	House	Assigned to Executive Committee
2/20/2003	House	Pension Note Filed
3/13/2003	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2005	House	Session Sine Die

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