IL HB4513 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Sponsorship: Moderate Partisan Bill (Democrat 4-1)
Status: Passed on August 3 2012 - 100% progression
Action: 2012-08-03 - Public Act . . . . . . . . . 97-0894
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Metropolitan Water Reclamation District Article of the Illinois Pension Code. Increases the required employee contributions of persons who first became employees of the Fund or certain reciprocal systems before January 1, 2011. Changes the manner in which the District calculates its required contribution and tax levy. The new contribution amount is calculated as the employer's normal cost plus the annual amount needed to amortize the unfunded liability by the year 2050 as a level percent of payroll, but shall not exceed an amount equal to the total employee contributions 2 years prior multiplied by 4.19 (currently 2.19). States that the funding goal is to attain a funded ratio of at least 90% by the year 2050. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

PEN CD-MWRD-CONTRIBUTIONS/LEVY

Sponsors


Roll Calls

2012-05-31 - Senate - Third Reading in Senate (Y: 50 N: 2 NV: 7 Abs: 0) [PASS]
2012-03-29 - House - Third Reading in House (Y: 109 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2012-08-03HousePublic Act . . . . . . . . . 97-0894
2012-08-03HouseEffective Date August 3, 2012
2012-08-03HouseGovernor Approved
2012-06-05HouseSent to the Governor
2012-05-31HousePassed Both Houses
2012-05-31SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
2012-05-31SenateThird Reading - Passed; 050-002-002
2012-05-25SenateRule 2-10 Third Reading Deadline Established As May 31, 2012
2012-05-18SenatePlaced on Calendar Order of 3rd Reading May 21, 2012
2012-05-18SenateSecond Reading
2012-05-04SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
2012-05-02SenatePlaced on Calendar Order of 2nd Reading May 3, 2012
2012-05-02SenateDo Pass Pensions and Investments; 007-001-001
2012-05-02SenateSenate Committee Amendment No. 1 Postponed - Pensions and Investments
2012-05-02SenateSenate Committee Amendment No. 1 Assignments Refers to Pensions and Investments
2012-05-02SenateSenate Committee Amendment No. 1 Referred to Assignments
2012-05-02SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton
2012-05-01SenateAdded as Alternate Chief Co-Sponsor Sen. Edward D. Maloney
2012-05-01SenateAlternate Chief Sponsor Changed to Sen. John J. Cullerton
2012-04-17SenateAssigned to Pensions and Investments
2012-03-30SenateReferred to Assignments
2012-03-30SenateFirst Reading
2012-03-30SenateChief Senate Sponsor Sen. Edward D. Maloney
2012-03-30SenatePlaced on Calendar Order of First Reading
2012-03-30SenateArrive in Senate
2012-03-29HouseAdded Co-Sponsor Rep. David Harris
2012-03-29HouseAdded Chief Co-Sponsor Rep. Lou Lang
2012-03-29HouseThird Reading - Short Debate - Passed 109-000-000
2012-03-29HousePlaced on Calendar Order of 3rd Reading - Short Debate
2012-03-29HouseHouse Floor Amendment No. 1 Adopted by Voice Vote
2012-03-29HouseHouse Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
2012-03-29HouseHouse Floor Amendment No. 1 Referred to Rules Committee
2012-03-29HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Elaine Nekritz
2012-03-28HouseHeld on Calendar Order of Second Reading - Short Debate
2012-03-28HouseSecond Reading - Short Debate
2012-03-28HousePlaced on Calendar 2nd Reading - Short Debate
2012-03-28HouseDo Pass / Short Debate Personnel and Pensions Committee; 008-000-000
2012-03-21HouseAssigned to Personnel and Pensions Committee
2012-03-21HouseCommittee Deadline Extended-Rule 9(b) March 30, 2012
2012-03-09HouseRule 19(a) / Re-referred to Rules Committee
2012-02-22HousePension Note Filed
2012-02-17HouseAssigned to Personnel and Pensions Committee
2012-01-31HouseReferred to Rules Committee
2012-01-31HouseFirst Reading
2012-01-31HouseFiled with the Clerk by Rep. Elaine Nekritz

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.36New CodeSee Bill Text
40513-502Amended CodeCitation Text
40513-503Amended CodeCitation Text

Illinois State Sources


LegiScan Search

View Top 50 Searches

Select area of search.
Find an exact bill number.
Search bill text and data. [help]
Reset

LegiScan Trends

View Top 50 National

CA AB2224 County recorders: fees.
CA AB306 California Building Standards Commission: appeals: code interpretation...
IL SB0714 REGULATION-TECH
NJ A2159 Requires disclosure of third-party litigation funding agreements and establishes...
NH HB1698 Relative to electronic credentials.
CA SB615 Vehicle traction batteries.
NH SB614 Establishing multiple-caregiver self-insured risk coverage arrangements...
AZ SB1290 Open meetings; planned communities
CA SB1365 Unlawful business practices: price gouging.
US HR1391 Impeaching Linda M. McMahon, Secretary of Education, for high crimes and...
feedback