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<xml>
<title>Illinois General Assembly - Bill Status for HB 5291         </title>
<shortdesc>PENSION STABILIZATION FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Bill Mitchell</sponsors>
</sponsor>
<lastaction>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 122/20</reference><aliasreference></aliasreference><SynopsisText>     Amends the Budget Stabilization Act. Increases the amount transferred from the General Revenue Fund to the Pension Stabilization Fund to 100% (currently 10%) of the specified sums. Provides that the transferred amount is intended to represent all (currently one-tenth) of the annual savings to the State resulting from the enactment of Public Act 98-599.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2014</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Bill Mitchell</action>
<statusdate>2/7/2014</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/7/2014</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>12/3/2014</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

