Illinois House Bill 1518 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 6-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Police and Firefighter Articles of the Illinois Pension Code. Provides that the city shall deposit with the city treasurer, for the benefit of each of those funds, a minimum of 20% of all proceeds collected by the city from newly established gaming revenue sources arising out of legislation enacted in 2013 or thereafter. These deposits shall continue until the stabilization of the fund has been deemed to have occurred by an independent actuarial organization mutually agreed upon by the city and employee representatives. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-CHI FIRE-GAMING FUNDS

Rep. Brandon Phelps [D]	Rep. Frances Hurley [D]	Rep. Patrick Verschoore [D]	Rep. Daniel Beiser [D]
Rep. Kelly Burke [D]	Rep. Mike Smiddy [D]

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2013-03-22	House	Rule 19(a) / Re-referred to Rules Committee
2013-03-06	House	Added Co-Sponsor Rep. Mike Smiddy
2013-02-25	House	Added Co-Sponsor Rep. Kelly Burke
2013-02-19	House	Added Co-Sponsor Rep. Daniel V. Beiser
2013-02-19	House	Added Co-Sponsor Rep. Patrick J. Verschoore
2013-02-19	House	Added Co-Sponsor Rep. Frances Ann Hurley
2013-02-19	House	Assigned to Executive Committee
2013-02-13	House	Referred to Rules Committee
2013-02-13	House	First Reading
2013-02-07	House	Filed with the Clerk by Rep. Brandon W. Phelps

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.37	New Code	See Bill Text
40	5	5-168	Amended Code	Citation Text
40	5	6-165	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1518&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB1518.htm