PEN CD-CHGO POL-TAX MULTIPLIER House SponsorsRep. Richard T. Bradley-Joseph M. Lyons-Ralph C. Capparelli-Daniel J. Burke-Edward J. Acevedo and Kevin Joyce 1/11/2005HouseSession Sine Die 40 ILCS 5/5-168from Ch. 108 1/2, par. 5-168 Amends the Chicago Police Article of the Illinois Pension Code to increase the multiplier used to calculate the maximum allowable pension tax, from 2.00 to 2.26. Effective immediately.Pension Note (Pension Laws Commission) HB 3199 would significantly increase the annual employer contributions to the Fund. In FY 2000, the City of Chicago made employer contributions of approximately $139.4 million, using a property tax multiplier of 2.00. If a property tax multiplier of 2.26 had been in effect that year, the employer contributions generated by the tax levy would have totaled approximately $157.5 million, an increase of $18.1 million. 2/27/2003HouseFiled with the Clerk by Rep. Richard T. Bradley 2/27/2003HouseChief Co-Sponsor Rep. Joseph M. Lyons 2/27/2003HouseChief Co-Sponsor Rep. Ralph C. Capparelli 2/27/2003HouseChief Co-Sponsor Rep. Daniel J. Burke 2/27/2003HouseChief Co-Sponsor Rep. Edward J. Acevedo 2/27/2003HouseFirst Reading 2/27/2003HouseReferred to Rules Committee 2/28/2003HouseAssigned to Executive Committee 3/11/2003HousePension Note Filed 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 4/14/2003HouseAdded Co-Sponsor Rep. Kevin Joyce 1/11/2005HouseSession Sine Die