PENSION STABILIZATION FUND Senate SponsorsSen. A. J. Wilhelmi, Mattie Hunter-Donne E. Trotter-Dan Kotowski, Kirk W. Dillard and Pamela J. Althoff House Sponsors(Rep. David E. Miller-Naomi D. Jakobsson) 12/30/2010SenatePublic Act . . . . . . . . . 96-1493 30 ILCS 122/20Amends the Budget Stabilization Act. Provides that, beginning in fiscal year 2011, when the increase in the Employment Cost Index, as determined by the Bureau of Labor Statistics of the U.S. Department of Labor, for the previous fiscal year exceeds 2%, the Comptroller shall transfer into the Pension Stabilization Fund from the General Revenue Fund, on at least a monthly basis, an amount equal to the amount of general funds revenues exceeding 102% of the prior fiscal year's general funds revenues for the purpose of making payments to the designated retirement systems. Effective July 1, 2010.Senate Floor Amendment No. 1 Makes a technical change.House Committee Amendment No. 1 Deletes reference to:30 ILCS 122/20Adds reference to:New ActReplaces everything after the enacting clause. Creates the Private Activity Bond Approval Act. Defines "host approval". Requires that a facility proposed to be financed with bonds issued by an issuer that does not have jurisdiction over the location of the facility must receive the prior approval of the Governor. Provides that the Governor must receive certain items and information before granting approval. Provides that the governmental unit in which the facility is proposed to be located may, upon the written approval of the Governor, grant host approval in its discretion. Effective January 1, 2011. 2/11/2010SenateFiled with Secretary by Sen. Jeffrey M. Schoenberg 2/11/2010SenateFirst Reading 2/11/2010SenateReferred to Assignments 2/24/2010SenateAssigned to Executive 3/8/2010SenateDo Pass Executive; 012-000-000 3/8/2010SenatePlaced on Calendar Order of 2nd Reading March 9, 2010 3/11/2010SenateSecond Reading 3/11/2010SenatePlaced on Calendar Order of 3rd Reading March 12, 2010 3/11/2010SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg 3/11/2010SenateSenate Floor Amendment No. 1 Referred to Assignments 3/16/2010SenateSenate Floor Amendment No. 1 Assignments Refers to Executive 3/16/2010SenateSenate Floor Amendment No. 1 Recommend Do Adopt Executive; 007-000-000 3/18/2010SenateAdded as Co-Sponsor Sen. Mattie Hunter 3/18/2010SenateAdded as Chief Co-Sponsor Sen. Donne E. Trotter 3/18/2010SenateRecalled to Second Reading 3/18/2010SenateSenate Floor Amendment No. 1 Adopted; Schoenberg 3/18/2010SenatePlaced on Calendar Order of 3rd Reading 3/18/2010SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski 3/18/2010SenateAdded as Co-Sponsor Sen. Kirk W. Dillard 3/18/2010SenateThird Reading - Passed; 056-000-000 3/18/2010HouseArrived in House 3/18/2010HouseChief House Sponsor Rep. David E. Miller 3/18/2010HousePlaced on Calendar Order of First Reading 3/18/2010HouseFirst Reading 3/18/2010HouseReferred to Rules Committee 11/18/2010HouseFinal Action Deadline Extended-9(b) January 11, 2011 11/18/2010HouseAssigned to Executive Committee 11/19/2010HouseAdded Alternate Chief Co-Sponsor Rep. Naomi D. Jakobsson 11/29/2010HouseHouse Committee Amendment No. 1 Filed with Clerk by Executive Committee 11/29/2010HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote 11/29/2010HouseDo Pass as Amended / Short Debate Executive Committee; 010-000-000 11/29/2010HousePlaced on Calendar 2nd Reading - Short Debate 11/29/2010HouseSecond Reading - Short Debate 11/29/2010HousePlaced on Calendar Order of 3rd Reading - Short Debate 11/30/2010HouseThird Reading - Short Debate - Passed 114-000-000 11/30/2010SenateSecretary's Desk - Concurrence House Amendment(s) 1 11/30/2010SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - December 1, 2010 12/1/2010SenateAdded as Co-Sponsor Sen. Pamela J. Althoff 12/1/2010SenateChief Sponsor Changed to Sen. A. J. Wilhelmi 12/1/2010SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. A. J. Wilhelmi 12/1/2010SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments 12/1/2010SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Revenue 12/1/2010SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Revenue; 007-000-000 12/1/2010SenateHouse Committee Amendment No. 1 3/5 Vote Required 12/1/2010SenateHouse Committee Amendment No. 1 Senate Concurs 055-000-001 12/1/2010SenatePassed Both Houses 12/17/2010SenateSent to the Governor 12/30/2010SenateGovernor Approved 12/30/2010SenateEffective Date January 1, 2011 12/30/2010SenatePublic Act . . . . . . . . . 96-1493