Illinois General Assembly - Bill Status for HB4324
Illinois General Assembly

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 Bill Status of HB4324  94th General Assembly


Short Description:  BUDGET STABILIZATION-PENSIONS

House Sponsors
Rep. Jim Watson

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 122/10
30 ILCS 122/15


Synopsis As Introduced
Amends the Budget Stabilization Act. Further limits the General Assembly's appropriations, transfers, and diversions from general funds in fiscal years in which estimated revenues exceed the prior fiscal year's general funds revenues and requires the transfer of the remaining revenue to the State-funded retirement systems. Sets forth requirements for the transfers to the retirement systems. Effective immediately.

Actions 
DateChamber Action
  12/29/2005HouseFiled with the Clerk by Rep. Jim Watson
  1/4/2006HouseFirst Reading
  1/4/2006HouseReferred to Rules Committee
  1/9/2007HouseSession Sine Die

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