IL HB0144 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on July 14 2011 - 100% progression
Action: 2011-07-14 - Public Act . . . . . . . . . 97-0099
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Allows the corporate authorities of a municipality, by resolution or ordinance, to dissolve the downstate police or firefighter pension funds established by the municipality if an independent auditor has certified to the authorities that the funds have no liabilities, participants, or beneficiaries entitled to benefits. Requires the corporate authorities of the municipality to reestablish those funds if a police officer or firefighter of the municipality seeks to establish service credit in the fund or if reestablishment of the fund is required upon a former police officer or firefighter's reinstatement of creditable service. Suspends the duty of the corporate authorities of a municipality to establish and administer a downstate police or firefighter pension fund while the fund is dissolved. Requires the Public Pension Division of the Department of Insurance to adopt corresponding procedural rules.

Tracking Information

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Title

PEN CD-DISSOLUTION OF FUNDS

Sponsors


Roll Calls

2011-05-17 - Senate - Third Reading in Senate (Y: 55 N: 0 NV: 4 Abs: 0) [PASS]
2011-03-30 - House - Third Reading in House (Y: 116 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2011-07-14HousePublic Act . . . . . . . . . 97-0099
2011-07-14HouseEffective Date January 1, 2012
2011-07-14HouseGovernor Approved
2011-06-15HouseSent to the Governor
2011-05-17HousePassed Both Houses
2011-05-17SenateThird Reading - Passed; 055-000-000
2011-05-12SenatePlaced on Calendar Order of 3rd Reading May 13, 2011
2011-05-12SenateSecond Reading
2011-05-04SenatePlaced on Calendar Order of 2nd Reading May 5, 2011
2011-05-04SenateDo Pass Pensions and Investments; 006-000-000
2011-04-27SenateAssigned to Pensions and Investments
2011-03-31SenateReferred to Assignments
2011-03-31SenateFirst Reading
2011-03-31SenateChief Senate Sponsor Sen. Pamela J. Althoff
2011-03-31SenatePlaced on Calendar Order of First Reading
2011-03-31SenateArrive in Senate
2011-03-30HouseThird Reading - Short Debate - Passed 116-000-000
2011-03-29HousePlaced on Calendar Order of 3rd Reading - Short Debate
2011-03-29HouseSecond Reading - Short Debate
2011-03-29HouseAdded Co-Sponsor Rep. Elaine Nekritz
2011-03-10HousePlaced on Calendar 2nd Reading - Short Debate
2011-03-10HouseDo Pass / Short Debate Personnel and Pensions Committee; 009-000-000
2011-02-14HouseRe-assigned to Personnel and Pensions Committee
2011-02-08HouseAssigned to Executive Committee
2011-01-18HouseReferred to Rules Committee
2011-01-18HouseFirst Reading
2011-01-13HouseFiled with the Clerk by Rep. Jack D. Franks

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.35New CodeSee Bill Text
4053-101Amended CodeCitation Text
4053-144.6New CodeSee Bill Text
4054-101Amended CodeCitation Text
4054-106.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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