Comments: IL HB3855 | 2019-2020 | 101st General Assembly

Bill Title: Amends the Compensation Review Act. Provides that members of the General Assembly may at any time elect not to receive any increase in compensation that would otherwise apply based on a cost of living adjustment for or during any given fiscal year. Provides that upon electing not to receive a cost of living adjustment, the amount by which a member's compensation would have increased but for the election not to receive such funds shall be paid into the State Pensions Fund. Provides that once a member of the General Assembly elects not to receive a cost of living adjustment, he or she shall not be eligible to receive a cost of living adjustment for the remainder of the fiscal year in which the election was made. Provides that any increase in compensation received as a cost of living adjustment by a member of the General Assembly prior to the election not to receive such funds shall be repaid to the State and deposited into the State Pensions Fund.

Spectrum: Bipartisan Bill

Status: (Introduced) 2019-12-16 - Rule 19(b) / Re-referred to Rules Committee [HB3855 Detail]

Text: Latest bill text (Introduced) [HTML]

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