Illinois House Bill 1444 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Passed on August 9 2013 - 100% progression
Action: 2013-08-09 - Public Act . . . . . . . . . 98-0218
Text: Latest bill text (Chaptered) [HTML]

Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that the Board shall determine the amortization period to be used in calculating the amount to be contributed by participating municipalities and participating instrumentalities in order to adjust for changes in the Fund's unfunded accrued liabilities. Specifies that the amortization period shall not exceed 30 years for participating municipalities or 10 years for participating instrumentalities. Allows participating employees to withdraw additional contributions only to the extent permitted by the federal Internal Revenue Code of 1986. Requires the Board to meet at least quarterly (rather than monthly). Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-IMRF-AMORTIZATION

Rep. Michael Zalewski [D]	Rep. Raymond Poe [R]	Rep. Daniel Burke [D]	Rep. William Davis [D]
Rep. Derrick Smith [D]	Rep. Elaine Nekritz [D]	Rep. Robert Rita [D]	Rep. Elizabeth Hernandez [D]
Sen. Iris Martinez [D]

2013-05-14 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 6 Abs: 0) [PASS]
2013-03-08 - House - Third Reading in House (Y: 115 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2013-08-09	House	Public Act . . . . . . . . . 98-0218
2013-08-09	House	Effective Date August 9, 2013
2013-08-09	House	Governor Approved
2013-06-12	House	Sent to the Governor
2013-05-14	House	Passed Both Houses
2013-05-14	Senate	Third Reading - Passed; 053-000-000
2013-05-07	Senate	Placed on Calendar Order of 3rd Reading May 8, 2013
2013-05-07	Senate	Second Reading
2013-05-01	Senate	Placed on Calendar Order of 2nd Reading May 2, 2013
2013-05-01	Senate	Do Pass Licensed Activities and Pensions; 009-000-000
2013-04-16	Senate	Assigned to Licensed Activities and Pensions
2013-03-12	Senate	Referred to Assignments
2013-03-12	Senate	First Reading
2013-03-12	Senate	Chief Senate Sponsor Sen. Iris Y. Martinez
2013-03-08	Senate	Placed on Calendar Order of First Reading March 12, 2013
2013-03-08	Senate	Arrive in Senate
2013-03-08	House	Third Reading - Short Debate - Passed 115-000-000
2013-03-06	House	Added Co-Sponsor Rep. Elizabeth Hernandez
2013-03-06	House	Added Co-Sponsor Rep. Robert Rita
2013-03-06	House	Placed on Calendar Order of 3rd Reading - Short Debate
2013-03-06	House	Second Reading - Short Debate
2013-03-04	House	Added Co-Sponsor Rep. Elaine Nekritz
2013-03-04	House	Added Co-Sponsor Rep. Derrick Smith
2013-03-01	House	Added Co-Sponsor Rep. William Davis
2013-03-01	House	Placed on Calendar 2nd Reading - Short Debate
2013-02-28	House	Do Pass / Short Debate Personnel and Pensions Committee; 009-000-000
2013-02-28	House	Added Co-Sponsor Rep. Daniel J. Burke
2013-02-28	House	Added Co-Sponsor Rep. Raymond Poe
2013-02-19	House	Assigned to Personnel and Pensions Committee
2013-02-13	House	Referred to Rules Committee
2013-02-13	House	First Reading
2013-02-06	House	Filed with the Clerk by Rep. Michael J. Zalewski

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.37	New Code	See Bill Text
40	5	7-135	Amended Code	Citation Text
40	5	7-146	Amended Code	Citation Text
40	5	7-172	Amended Code	Citation Text
40	5	7-173	Amended Code	Citation Text
40	5	7-177	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1444&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB1444.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB1444eng.htm
Text	https://www.ilga.gov/legislation/98/HB/09800HB1444enr.htm
Text	https://www.ilga.gov/legislation/publicacts/98/098-0218.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/98/house/09800HB1444_03082013_018000T.pdf
Roll Call	https://www.ilga.gov/legislation/votehistory/98/senate/09800HB1444_05142013_008000T.pdf