IL SB2255 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2023 - 25% progression
Action: 2023-03-31 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that the employer (instead of the governing body of the employer) shall submit to the System all required reports and contributions for salary paid during any month by the 10th of the following month. Provides that all required contributions for salary earned during a school term are due by the July 10 following the close of the school term. Removes provisions requiring the governing board of each school district to make 2 specified deposits each month. Provides that if an employer (instead of the governing body of an employer) that is not a State agency fails to forward certain required contributions within the time permitted, the System shall notify the employer of an amount (instead of an additional amount) due, equal to $50 per day for each day that elapses from the due date until the day such report and contributions (instead of employee contributions) are received by the System. Makes conforming changes.

Tracking Information

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Title

PENCD-TRS-EMPLOYR CONTRIBUTION

Sponsors


History

DateChamberAction
2023-03-31SenateRule 3-9(a) / Re-referred to Assignments
2023-03-28SenatePlaced on Calendar Order of 3rd Reading March 29, 2023
2023-03-28SenateSecond Reading
2023-03-10SenatePlaced on Calendar Order of 2nd Reading March 21, 2023
2023-03-10SenateDo Pass Senate Special Committee on Pensions; 010-000-000
2023-02-28SenateAssigned to Senate Special Committee on Pensions
2023-02-10SenateReferred to Assignments
2023-02-10SenateFirst Reading
2023-02-10SenateFiled with Secretary by Sen. Robert F. Martwick

Code Citations

ChapterArticleSectionCitation TypeStatute Text
40516-155Amended CodeCitation Text

Illinois State Sources


Bill Comments

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