Bill Title: Amends the School Code. Provides that a separate tax shall be levied by the Chicago Board of Education for the purpose of making an employer contribution to the Public School Teachers' Pension and Retirement Fund of Chicago, at the rate of 0.26%; requires the proceeds from this separate tax to be paid directly to the Pension Fund. Makes a corresponding reduction in the rate limitation for the tax for general educational purposes. Effective immediately.

Sponsorship: Moderate Partisan Bill (Democrat 6-1)

Status: (Engrossed - Dead) 2016-03-08 - Added as Alternate Chief Co-Sponsor Sen. Don Harmon [HB4579 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Engrossed	2016-02-16	HTML/Text	Link	View
Introduced	2016-01-28	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB4579

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4579 currently on file.