HB1165ham005 98TH GENERAL ASSEMBLY

Rep. Michael J. Madigan

Filed: 3/19/2013

09800HB1165ham005 LRB098 08854 EFG 42077 a

AMENDMENT TO HOUSE BILL 1165

AMENDMENT NO. ______. Amend House Bill 1165 by replacing everything after the enacting clause with the following:

"Section 1. Short title. This Act may be cited as the Pension Fund Solvency Act of 2013.

Section 90. The State Mandates Act is amended by adding Section 8.37 as follows:

(30 ILCS 805/8.37 new)

Sec. 8.37. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 98th General Assembly.

Section 99. Effective date. This Act takes effect upon becoming law.".