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1 | AN ACT concerning State government.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Pension Impact Note Act is amended by | ||||||||||||||||||||||||||
5 | changing Section 2 as follows:
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6 | (25 ILCS 55/2) (from Ch. 63, par. 42.42)
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7 | Sec. 2. Pension impact notes. The Commission on Government | ||||||||||||||||||||||||||
8 | Forecasting and Accountability, hereafter in
this Act referred | ||||||||||||||||||||||||||
9 | to as the "Commission",
shall prepare a written pension system | ||||||||||||||||||||||||||
10 | impact note in relation to any bill
introduced in either house | ||||||||||||||||||||||||||
11 | of the General Assembly which proposes to amend,
revise, or add | ||||||||||||||||||||||||||
12 | to any provision of the Illinois Pension Code or
the State | ||||||||||||||||||||||||||
13 | Pension Funds Continuing Appropriation Act. Upon the | ||||||||||||||||||||||||||
14 | introduction of
any such bill, the Clerk of the House or the
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15 | Secretary of the Senate shall forward the bill to the | ||||||||||||||||||||||||||
16 | Commission, which
shall prepare such a note within 7 calendar | ||||||||||||||||||||||||||
17 | days after receiving the
request. The bill shall be held on | ||||||||||||||||||||||||||
18 | second reading until the note
has been received.
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19 | Copies of each pension impact note shall be furnished by | ||||||||||||||||||||||||||
20 | the Commission to
the presiding officer of each house, the | ||||||||||||||||||||||||||
21 | minority leader of each house, the
Clerk of the House of | ||||||||||||||||||||||||||
22 | Representatives, the Secretary of the Senate, the sponsor
of | ||||||||||||||||||||||||||
23 | the bill which is the subject of the note, the member, if any, |
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1 | who initiated
the request for the note, the Chairman of the | ||||||
2 | House Committee on Personnel and
Pensions, and the Chairman of | ||||||
3 | the Senate Committee on Insurance, Pensions and
Licensed | ||||||
4 | Activities.
A copy of each pension impact note shall also be | ||||||
5 | furnished by the Commission to
the Legislative Information | ||||||
6 | System and posted by the System on the General Assembly's | ||||||
7 | Internet website as soon as is practicable after its receipt | ||||||
8 | for viewing by the public.
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9 | (Source: P.A. 93-632, eff. 2-1-04; 93-1067, eff. 1-15-05.)
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10 | Section 10. The State Debt Impact Note Act is amended by | ||||||
11 | changing Section 3 as follows:
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12 | (25 ILCS 65/3) (from Ch. 63, par. 42.73)
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13 | Sec. 3. The Commission on Government Forecasting and | ||||||
14 | Accountability shall prepare a
written State Debt Impact Note | ||||||
15 | in relation to any bill introduced in either
house of the | ||||||
16 | General Assembly which proposes to increase or add new long
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17 | term debt authorization or would require, through | ||||||
18 | appropriation, the use
of bond financed funds. Upon the | ||||||
19 | assignment of any such bill to Committee,
the chairperson of | ||||||
20 | the Committee on Assignments in the House of Representatives
or | ||||||
21 | the chairperson of the Committee on Assignment of Bills in the | ||||||
22 | Senate
shall forward the bill to the Commission on Government | ||||||
23 | Forecasting and Accountability which
shall prepare such a note | ||||||
24 | within 7 calendar days after receiving the request
and the bill |
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1 | shall be held on second reading until the note has been | ||||||
2 | received,
except that whenever, because of the complexity of | ||||||
3 | the measure, additional
time is required for preparation of the | ||||||
4 | note, the Commission may so inform
the sponsor of the bill, who | ||||||
5 | may approve an extension of the time within
which the note is | ||||||
6 | to be furnished for an additional 7 calendar days. Copies of | ||||||
7 | each
State Debt Impact Note shall be furnished by the | ||||||
8 | Commission to the presiding
officer of each house, the minority | ||||||
9 | leader of each house, the Clerk of the
House of | ||||||
10 | Representatives, the Secretary of the Senate, the sponsor of | ||||||
11 | the
bill which is the subject of the note, the member, if any, | ||||||
12 | who initiated
the request for the note, the Chairperson and | ||||||
13 | Minority Spokespersons of
the House and Senate Appropriations | ||||||
14 | and Revenue Committees. A copy of each State Debt Impact Note | ||||||
15 | shall also be furnished by the Commission to
the Legislative | ||||||
16 | Information System and posted by the System on the General | ||||||
17 | Assembly's Internet website as soon as is practicable after its | ||||||
18 | receipt for viewing by the public.
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19 | (Source: P.A. 93-1067, eff. 1-15-05.)
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20 | Section 99. Effective date. This Act takes effect upon | ||||||
21 | becoming law.
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