Bill Status of SB1739  102nd General Assembly


Short Description:  NON-HOME RULE PENSION REVENUE

Senate Sponsors
Sen. Emil Jones, III

Last Action
DateChamber Action
  2/26/2021SenateReferred to Assignments

Statutes Amended In Order of Appearance
65 ILCS 5/8-11-1.1from Ch. 24, par. 8-11-1.1
65 ILCS 5/8-11-1.3from Ch. 24, par. 8-11-1.3
65 ILCS 5/8-11-1.4from Ch. 24, par. 8-11-1.4
65 ILCS 5/8-11-1.5from Ch. 24, par. 8-11-1.5


Synopsis As Introduced
Amends the Illinois Municipal Code. Provides that the corporate authorities of a non-home rule municipality may impose, by ordinance or resolution, a municipal retailers' occupation tax, municipal service occupation tax, or municipal use tax in addition to such taxes already imposed by referendum. Provides that the additional taxes may solely be used for costs incurred by the municipality for employer contributions to public employee pension funds pursuant to the Downstate Police Article, the Downstate Firefighter Article, the Illinois Municipal Retirement Fund (IMRF) Article, the Police Officers' Pension Investment Fund Article, or the Firefighters' Pension Investment Fund Article of the Illinois Pension Code. Provides that the additional taxes may not be more than 1% and may be imposed only in 1/4% increments.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Emil Jones, III
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments