Illinois Senate Bill 1291 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 18 2015 - 25% progression, died in committee
Action: 2015-10-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the State Universities and State Employees Articles of the Illinois Pension Code to specify that severance payments are not included in "earnings" or "compensation" for pension purposes. Amends various Acts relating to the governance of public universities in Illinois and the Public Community College Act. Provides that, with respect to an executive administrator of a university or community college whose final rate of earnings exceeds $200,000, the governing board of the university or community college district may not award a severance payment to that employee that exceeds 30% of his or her final rate of earnings unless the severance payment is reviewed by the Board of Higher Education or the Illinois Community College Board and the respective Board approves the payment by a record vote of a majority of its members. Effective immediately.

SEVERANCE PAYMENTS

Sen. Melinda Bush [D]

Sen. Jacqueline Collins [D]

Sen. Steve Stadelman [D]

Date	Chamber	Action
2015-10-10	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2015-05-15	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
2015-04-24	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
2015-03-27	Senate	Rule 2-10 Committee Deadline Established As April 24, 2015
2015-03-19	Senate	Added as Chief Co-Sponsor Sen. Jacqueline Y. Collins
2015-03-18	Senate	To Subcommittee on Public Higher Education Executive Compensation
2015-03-06	Senate	Added as Co-Sponsor Sen. Steve Stadelman
2015-02-25	Senate	Assigned to Higher Education
2015-02-18	Senate	Referred to Assignments
2015-02-18	Senate	First Reading
2015-02-18	Senate	Filed with Secretary by Sen. Melinda Bush

Chapter	Article	Section	Citation Type	Statute Text
110	305	90	New Code	See Bill Text
110	520	75	New Code	See Bill Text
110	660	5-185	New Code	See Bill Text
110	665	10-185	New Code	See Bill Text
110	670	15-185	New Code	See Bill Text
110	675	20-190	New Code	See Bill Text
110	680	25-185	New Code	See Bill Text
110	685	30-195	New Code	See Bill Text
110	690	35-190	New Code	See Bill Text
110	805	3-29.11	New Code	See Bill Text
40	5	14-103.10	Amended Code	Citation Text
40	5	15-111	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1291&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB1291.htm