IL HB4114 | 2019-2020 | 101st General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 16 2020 - 25% progression, died in committee
Action: 2020-01-16 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Budget Law of the Civil Administrative Code of Illinois. Provides that the State of Illinois shall allocate any new and additional revenue sources that exceed the fiscal year 2020 revenue forecasts reported by the Commission on Government Forecasting and Accountability in 2019 towards the payment of current and continuing pension obligations of the State of Illinois. Defines "new and additional revenue sources". Effective immediately.

Tracking Information

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Title

PENSION OBLIGATION REPAYMENT

Sponsors


History

DateChamberAction
2020-01-16HouseReferred to Rules Committee
2020-01-16HouseFirst Reading
2020-01-16HouseFiled with the Clerk by Rep. Charles Meier

Code Citations

ChapterArticleSectionCitation TypeStatute Text
152050-6New CodeSee Bill Text

Illinois State Sources


Bill Comments

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