Illinois House Bill 1484 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Teacher Article of the Illinois Pension Code. Shifts future funding responsibility from the Chicago Board of Education to the State of Illinois. Specifies the amount of required State and Chicago Board of Education contributions for fiscal year 2014. Beginning in fiscal year 2015, changes the funding goal from 90% to 100% and specifies the manner of determining the required contributions from the State and the Board of Education. Defines terms. Provides for certification of contribution amounts and for payment of State contributions on a monthly basis pursuant to vouchers issued by the Board. Repeals a Section relating to additional employer contributions. Amends the State Pension Funds Continuing Appropriation Act. Provides a continuing appropriation to the Chicago Teachers' Pension Fund, on a continuing monthly basis, of the amount, if any, by which the total available amount of all other appropriations to that Fund for the payment of required State contributions is less than the total amount of the vouchers for required State contributions lawfully submitted by the Fund. Effective immediately.

PENSION-CHGO TCHR-COST SHIFT

Rep. Barbara Currie [D]

Rep. Esther Golar [D]

Rep. Mary Flowers [D]

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2013-03-22	House	Rule 19(a) / Re-referred to Rules Committee
2013-02-19	House	Assigned to Personnel and Pensions Committee
2013-02-13	House	Referred to Rules Committee
2013-02-13	House	First Reading
2013-02-08	House	Added Chief Co-Sponsor Rep. Mary E. Flowers
2013-02-07	House	Chief Co-Sponsor Rep. Esther Golar
2013-02-07	House	Filed with the Clerk by Rep. Barbara Flynn Currie

Chapter	Article	Section	Citation Type	Statute Text
40	15	1.9	New Code	See Bill Text
40	5	17-127	Amended Code	Citation Text
40	5	17-127.2	Repealed Code	Citation Text
40	5	17-129	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1484&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB1484.htm