Illinois General Assembly - Bill Status for HB5334

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Bill Status of HB5334 98th General Assembly

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Short Description: PENS CD-CHI TEACHERS-REVENUE

House Sponsors
Rep. Monique D. Davis and Esther Golar

Last Action

Date	Chamber	Action
12/3/2014	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/17-127

from Ch. 108 1/2, par. 17-127

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2015, the State shall make annual contributions to the Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2015, the contribution shall be $343,860,000 and that for each year thereafter, the Board of Trustees of the Fund shall certify to the Governor by January 15th the amount of the required State contribution to the Fund for the coming fiscal year. Requires the certified contribution to be equal to 10% of the contribution certified by the board of trustees of the downstate teachers retirement system for the coming fiscal year. Effective immediately.

Actions

Date	Chamber	Action
2/7/2014	House	Filed with the Clerk by Rep. Monique D. Davis
2/10/2014	House	First Reading
2/10/2014	House	Referred to Rules Committee
3/3/2014	House	Assigned to Appropriations-Elementary & Secondary Education Committee
3/24/2014	House	Added Co-Sponsor Rep. Esther Golar
3/28/2014	House	Rule 19(a) / Re-referred to Rules Committee
12/3/2014	House	Session Sine Die

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