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<xml>
<title>Illinois General Assembly - Bill Status for SB 1440   </title>
<shortdesc>PUBLIC EMPLOYEE BENEFITS-TECH</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kwame Raoul</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. David E. Miller)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/18/2009</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 96-0586</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/15-101</reference><aliasreference>from Ch. 108 1/2, par. 15-101</aliasreference><SynopsisText>Amends the Illinois Pension Code. Makes a technical change in a Section concerning State universities.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>40 ILCS 5/15-101</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>40 ILCS 5/1-106</reference><aliasreference>from Ch. 108 1/2, par. 1-106</aliasreference><reference>40 ILCS 5/15-136.4</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Illinois Pension Code. Provides that each pension fund or retirement system operating under this Code may, and to the extent required by federal law shall, at the request of any person entitled to receive a refund, lump-sum benefit, or other nonperiodic distribution from the pension fund or retirement system, pay the distribution (rather than pay the taxable portion of that distribution) directly to any entity that (1) is designated in writing by the person, (2) is qualified under federal law to accept an eligible rollover distribution from a qualified plan, and (3) has agreed to accept the distribution. Amends provisions concerning retirement and survivor benefits under the portable benefit package in the State Universities Article, makes various technical changes, including referring to the optional benefit choices as optional forms of payment. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kwame Raoul</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/5/2009</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  012-000-000</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 17, 2009</action>
<statusdate>3/24/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Kwame Raoul</action>
<statusdate>3/24/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Assignments</action>
<statusdate>3/30/2009</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/30/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 31, 2009</action>
<statusdate>3/30/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Assignments Refers to Pensions and Investments</action>
<statusdate>3/31/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt Pensions and Investments;  009-000-000</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Raoul</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading ** April 2, 2009</action>
<statusdate>4/2/2009</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 059-000-000</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/21/2009</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. David E. Miller</action>
<statusdate>4/21/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/21/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>5/7/2009</statusdate><chamber>House</chamber><action>Do Pass / Short Debate Personnel and Pensions Committee;  009-000-000</action>
<statusdate>5/7/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/18/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/18/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>5/22/2009</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 114-000-001</action>
<statusdate>5/22/2009</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>6/19/2009</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/18/2009</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/18/2009</statusdate><chamber>Senate</chamber><action>Effective Date August 18, 2009</action>
<statusdate>8/18/2009</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 96-0586</action>
</actions>
</xml>

