Illinois General Assembly - Bill Status for HB5866
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 Bill Status of HB5866  102nd General Assembly


House Sponsors
Rep. Thomas M. Bennett

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1A-106.5 new

Synopsis As Introduced
Amends the Regulation of Public Pension Funds Article of the Illinois Pension Code. Requires the Public Pension Division of the Department of Insurance to make resources available to assist each municipality: (1) under the Downstate Police Article with the establishment of a police pension fund under that Article; and (2) under the Downstate Firefighter Article with the establishment of a firefighters' pension fund under that Article. Provides that the resources shall include, but not be limited to, the support of the Division's legal and professional staff. Provides that the Division must make these resources available to municipalities by January 1, 2020. Effective immediately.

DateChamber Action
  4/20/2018HouseFiled with the Clerk by Rep. Thomas M. Bennett
  4/20/2018HouseFirst Reading
  4/20/2018HouseReferred to Rules Committee
  1/8/2019HouseSession Sine Die

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