IL HB5291 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Budget Stabilization Act. Increases the amount transferred from the General Revenue Fund to the Pension Stabilization Fund to 100% (currently 10%) of the specified sums. Provides that the transferred amount is intended to represent all (currently one-tenth) of the annual savings to the State resulting from the enactment of Public Act 98-599.
Title
PENSION STABILIZATION FUND
Sponsors
History
Date | Chamber | Action |
---|---|---|
2014-12-03 | House | Session Sine Die |
2014-02-07 | House | Referred to Rules Committee |
2014-02-07 | House | First Reading |
2014-02-06 | House | Filed with the Clerk by Rep. Bill Mitchell |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
30 | 122 | 20 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5291&GAID=12&DocTypeID=HB&SessionID=85&GA=98 |
Text | https://www.ilga.gov/legislation/98/HB/09800HB5291.htm |