<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 157    </title>
<shortdesc>PEN CD-DEFERRED COMP-COGFA</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Raymond Poe-Rich Brauer-Ronald A. Wait-Richard P. Myers-Jim Watson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/24-105</reference><aliasreference>from Ch. 108 1/2, par. 24-105</aliasreference><SynopsisText>     Amends the Illinois Pension Code. In provisions concerning the State Employees Deferred Compensation Plan, provides that the Illinois State Board of Investment may not (i) select any life insurance or annuity contract or mutual fund, or any other investment vehicle, as an investment vehicle or (ii) enter into any contract after the effective date of the amendatory Act or make any amendment to a contract entered into on or before the effective date of the amendatory Act, unless it is first reviewed and approved by the Commission on Government Forecasting and Accountability. Effective immediately.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<SynopsisText>Replaces everything after the enacting clause. Amends the Illinois Pension Code. Makes a technical change in a Section concerning the State Employees Deferred Compensation Plan.</SynopsisText></synopsis>
<actions>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Prefiled with Clerk by Rep. Raymond Poe</action>
<statusdate>1/14/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/14/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/4/2009</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>2/6/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Rich Brauer</action>
<statusdate>2/6/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Ronald A. Wait</action>
<statusdate>2/6/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Richard P. Myers</action>
<statusdate>2/6/2009</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Jim Watson</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Personnel and Pensions Committee;  by Voice Vote</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Personnel and Pensions Committee;  009-000-000</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>4/1/2009</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

