Illinois Senate Bill 2390 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 3 2016 - 25% progression, died in committee
Action: 2016-02-03 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that the Chicago Board of Education shall levy a property tax annually at a rate that will produce an amount equal to the amount of member contributions to the Fund during the fiscal year 2 years prior to the year for which the tax is levied, subject to a maximum rate of .78%. Provides that the Board of Education shall use the proceeds of the tax for the purpose of making employer contributions to the Chicago Teachers' Pension Fund. Effective immediately.

PENCD-CHGO TEACHER-TAX LEVY

Sen. Mattie Hunter [D]

Date	Chamber	Action
2016-02-03	Senate	Referred to Assignments
2016-02-03	Senate	First Reading
2016-02-03	Senate	Filed with Secretary by Sen. Mattie Hunter

Chapter	Article	Section	Citation Type	Statute Text
40	5	17-128.1	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2390&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB2390.htm